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Lecture Principles of Managerial finance (4th edition): Chapter 11 - Lawrence J. Gitman

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Lecture Principles of Managerial finance (4th edition): Chapter 11 - Lawrence J. Gitman

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Chapter 11 - Leverage and capital structure. The capital structure choice is extremely important because how much debt a firm uses influences the returns that a firm can provide to its investors as well as the risks associated with those returns. More debt generally means higher returns but also higher risks. Chapter 11 illustrates how firms balance that trade-off.

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