hyc
2021-08-13 11:54managers cannot increase the value of the company by employing tax-saving strategies 這個(gè)呢,A和C麻煩解釋下
所屬:CFA Level II > Corporate Finance 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Chris Lan助教
2021-08-13 20:10
該回答已被題主采納
同學(xué)你好
在MM1的無稅的理論之下,有一條假設(shè)是:Bonds and shares of stock are traded in perfect capital markets. This means that there are no transactions costs, no taxes, no bankruptcy costs, and everyone has the same information.
因?yàn)槭菦]有破產(chǎn)成本,也不交稅的,所以不存在破產(chǎn)成本上升,也不會(huì)有由于節(jié)稅帶來價(jià)值。
