Log on to finance.yahoo.com and click the Key Statistics link for Pfizer (PFE) and Coca-Cola (KO). Construct
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Question:
Log on to finance.yahoo.com and click the Key Statistics link for Pfizer (PFE) and Coca-Cola (KO). Construct the debt ratio, debt/(debt + equity), for both firms. Now calculate their debt ratios by using the market value of equity but assuming that the book value of debt approximates its market value. How does debt as a proportion of firm value change as you switch from book to market values?
Related Book For
Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
ISBN: 978-1118630914
1st edition
Authors: Robert A.Weigand
Posted Date: