- CFA Exams
- 2023 Level I
- Topic 4. Corporate Issuers
- Learning Module 34. Capital Structure
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Learning Outcome Statements PDF Download
1. Capital Structure and Company Life Cycle describe how a company's capital structure may change over its life cycle; | |
2. Modigliani-Miller Propositions explain the Modigliani-Miller propositions regarding capital structure; | |
3. Optimal and Target Capital Structure describe the use of target capital structure in estimating WACC, and calculate and interpret target capital structure weights; | |
4. Factors Affecting Capital Structure Decisions explain factors affecting capital structure decisions; | |
5. Stakeholder Interests describe competing stakeholder interests in capital structure decisions. |

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