Explain why the total value of all of the securities used to finance a firm must be

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Explain why the total value of all of the securities used to finance a firm must be equal to the value of the firm.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 12:56 AM

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Explain why the total value of all of the securities used to finance a firm must be

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The value of the firms assets is equal to the present value of the future cash flows ...View the full answer

Fundamentals of corporate finance

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