Describe a (real) firm that used debt instead of stock, or vice versa, to raise new capital. What was the result? How was the decision interpreted by shareholders? What is your opinion as to the strategy this company employed? Did it achieve the goal of minimal WACC? Why or why not?

Answer rating: 100% (QA)

One example of a real firm that used debt instead of stock to raise new capital is Apple Inc In the past Apple has relied heavily on debt issuance to ... View the full answer