lucia85524 当前离线
CFA New Member
For Analytical purposes, what is the impact onm the debt to equity ratio if the market rate of interest increases after the bond issued?
看到这道题，有点想不明白，请大家帮忙分析下，谢谢啊
joyceqichen 当前离线
如果interest rate增加，bond的market value减小，所以如果D/E rario是用market value来算的话，D/E减小。
但是如果是做分析的目的为M&A,算Target的D/E，D/E是用那里可以optimal capital structure的D/E, 与market value无关
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发表于 2011-5-19 11:38
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