Session 18 (Undergraduate): The Debt Trade off (continued)

In this shortened session (after the quiz), we continued looking at the pluses and minuses of borrowing, starting with the added discipline it may bring to some companies and continuing with bankruptcy cost and agency costs. Slides: ~adamodar/podcasts/cfUGspr16/ Post class test: ~adamodar/pdfiles/cfovhds/postclass/ Post class test solution: ~adamodar/pdfiles/cfovhds/postclass/