Suppose financial managers can use inside information to time equity issues when stock price is unrealistically high.

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Suppose financial managers can use inside information to time equity issues when stock price is unrealistically high. How would capital structure evolve? Explain briefly.

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Corporate Financial Management

ISBN: 1292140445

6th Edition

Authors: Glen Arnold, Deborah Lewis

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Question Posted: May 16, 2023 07:30 AM

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Suppose financial managers can use inside information to time equity issues when stock price is unrealistically high.

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If financial managers have access to inside information and can time equity issues when the stock price is unrealistically high it would likely have a...View the full answer

Corporate Financial Management

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