Aswath Damodaran Expanded and Edited by Del HawleyBrief Overview of Debt and EquityThe Only Two Choices for FinancingDebt (Leverage)The essence of debt is that you promise to make fixed payments in

第二层第三层第四层第五层Financing FinancingEquity financingDebt financingEquity financing: ownedStocks: Claims on assetsPart ownershimon stockPreferred stocmon StocksWith voting rightsLast to get paid in