- CFA Exams
- 2022 Level I
- Study Session 10. Corporate Issuers (2)
- Reading 31. Capital Structure
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Learning Outcome Statements PDF Download
 | a. describe how a company's capital structure may change over its life cycle; |
| b. explain the Modigliani-Miller propositions regarding capital structure; |
| c. describe the use of target capital structure in estimating WACC, and calculate and interpret target capital structure weights; |
| d. explain factors affecting capital structure decisions; |
| e. describe competing stakeholder interests in capital structure decisions. |
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