Indice | página |
1. | The valuation of securities, leverage, and the cost of capital | 265 |
 | A. The capitalization rate for uncertain streams | 265 |
 | B. Debt financing and its effects on security prices | 267 |
 | D. The relation of propositions I and II to current doctrines | 276 |
 | E. Some preliminary evidence on the basic propositions | 281 |
2. | Implications of the analysis for the theory investment | 288 |
 | A. Capital structure and investment policy | 288 |
 | B. Proposition III and financial planning by firms | 292 |
 | C. The effect of the crporate income tax on investment decisions | 293 |
3. | Conclusion | 296 |
 | References | 296 |