A CFO says that her firm chooses a capital structure that allows it to maintain a credit rating of AA. She reasons that a credit rating of AAA would be too conservative, but anything less than AA would be too risky. What capital structure model does this firm appear to follow?
Regent Papers is a library of common essays on high school, college, undergraduate and postgraduate topics. We have collected top papers from various institution, students and professors. The papers are based on common essay topics in all subjects.