Professor, do you think that large technology companies should raise at least some debt, eventhough they have more than enough cash, in order to lower their cost of capital, knowing their return on capital is very high,and cost of debt relatively low?
Professor, do you think that large technology companies should raise at least some debt, eventhough they have more than enough cash, in order to lower their cost of capital, knowing their return on capital is very high,and cost of debt relatively low?
Class starts at 2:05
2:09 Agency cost
Saygılar