2012年1月27日
19件のコメント
WACC is a marginal cost: we can’t go to full leverage because the “cost of financial distress” increases the costs of financing.
19件のコメント
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金曜日 27 1月 2012 - 8:45 PM
Thanks a lot, finance exam tomorrow and you have made things much clearer then any text book could have!
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金曜日 27 1月 2012 - 9:14 PM
Awesome stuff! I’d love to see everything taught in an MBA program explained on youtube!
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金曜日 27 1月 2012 - 9:27 PM
hello i would like to know if you could make a video explaning buying a new machine compared to another which one od them has different price at the behinnig at the end, lasts for different years, ocnsidering depreciation how could i know which one is better considering the cash flow they will give me
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金曜日 27 1月 2012 - 9:58 PM
The last part about marginal cost really helped….thanks for the explanation.
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金曜日 27 1月 2012 - 10:51 PM
@ridiculouslyfierce thank you, I really appreciate that. Good luck on your exam! David
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金曜日 27 1月 2012 - 11:21 PM
Massive thank yous. Really good and incredibly clear. Just what I need pre exam tomorrow
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土曜日 28 1月 2012 - 12:09 AM
Massive thank yous. Really good and incredibly clear. Just what I need pre exam tomorrow
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土曜日 28 1月 2012 - 2:07 AM
Got a quick question for you if you’d be kind enough to answer it. The ERP is equal to the excess amount above the risk free rate that the overall market produces. If your ERP is 5% and your risk free rate is 4%, then the market had to produce 9% in order to provide an excess of 5%. My question is, how did you arrive at the assumption that the market has produced a 9% return?
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土曜日 28 1月 2012 - 3:03 AM
Great stuff mate, Thanks alot for doing this, truly is a breath of fresh air after reading that text book all day! have an exam this weekend so your vid is a massive help. Many thanks from Australia! 
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土曜日 28 1月 2012 - 3:16 AM
Hey David you’re videos are really helpful for my exam. Just one question, why is the rate of interest for different % leverage curved, falling with higher leverage before rising?
My guess is that the cost setting up the loan relative to the loan falls with a higher % debt, before default risk increasing the rate at high leverage?
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土曜日 28 1月 2012 - 3:57 AM
@applexy thank you for such a kind compliment! it is a blast for me to share….
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土曜日 28 1月 2012 - 4:55 AM
This is amazing. Thank you so much for providing this content, always a blast to learn from you! I
thank you sooooo much i get it now …from algeria with love merciiiiiii