MM Theorem: Untold

Business & Finance, Finance & Investing, Corporate Finance
Cover of the book MM Theorem: Untold by Hak Choi, Hak Choi
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Author: Hak Choi ISBN: 1230002047140
Publisher: Hak Choi Publication: December 13, 2017
Imprint: Language: English
Author: Hak Choi
ISBN: 1230002047140
Publisher: Hak Choi
Publication: December 13, 2017
Imprint:
Language: English

What is MM theorem? It is an important theory in financial management. It encourages borrowing, for 1. borrowing does not affect the value of a firm; 2. borrowing raises yield; 3. borrowing lowers cost of capital; 4. borrowing is tax-deductible.

With so many advantages, why not borrow? Unfortunately, we do not obtain the borrowing. Only the privileged obtain, and they do even have to pay back!

This book is written for those who do not borrow or cheat money, by revealing what MM theorem really is.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

What is MM theorem? It is an important theory in financial management. It encourages borrowing, for 1. borrowing does not affect the value of a firm; 2. borrowing raises yield; 3. borrowing lowers cost of capital; 4. borrowing is tax-deductible.

With so many advantages, why not borrow? Unfortunately, we do not obtain the borrowing. Only the privileged obtain, and they do even have to pay back!

This book is written for those who do not borrow or cheat money, by revealing what MM theorem really is.

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