Explores the leverage effect in financing, showcasing how borrowing money can magnify returns and the importance of considering different interest rates in leverage analysis.
Explores the impact of debt and taxes on firm value and shareholder wealth, covering Modigliani/Miller theorem, leverage effects, debt financing mechanics, and valuation methods.
Covers investment decisions, focusing on annuities, discounting costs, and evaluating profitability through net present value and internal rates of return.
