- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 5. Company Analysis: Past and Present
- Subject 5. Capital Investments and Capital Structure
CFA Practice Question
An unlevered firm is a company that has ______.
B. all debt in its capital structure
C. all equity in its capital structure
A. an equal amount of debt and equity in its capital structure
B. all debt in its capital structure
C. all equity in its capital structure
Correct Answer: C
User Contributed Comments 2
User | Comment |
---|---|
sarath | unlevered firm = ZERO DEBT , FULL EQUITY |
Inaganti6 | I thought it meant that there's no fulcrum and plank on the full crum |