张同学2018-09-29 15:15:58
张同学38题中 题目里的suppose the volatility of the firm value declines对解决这道题的意义体现在? If the firm is not in distress (high value), then the value of senior debt and subordibate debt will decline, while the equity value will increase. 这个说法正确吗？
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Galina2018-09-29 18:01:38
Galina如图。
If the firm is not in distress (high value), then the value of senior debt and subordibate debt will increase, while the equity value will decline.
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