- UID
- 218211
- 帖子
- 659
- 主题
- 120
- 注册时间
- 2011-5-26
- 最后登录
- 2012-9-12
|
lower the equity allocation of pension plan ,the overall operating asset risk will decrease.
but the CFO want to maintain the risk, so it should use leverage by issuing more debt,
so the D/E will increase.
see TABLE 5 P480 V2 |
|