• Now to make that lower-of-the-two-prices comment a little bit more rigorous, let's figure out what the demand actually is for these firms.

    为了说明两者价格较低者,具体是什么意思,先来解决这些公司真正的需求量是什么

    耶鲁公开课 - 博弈论课程节选

  • The debt irrelevance theory says that it matters for the price of a share what a company issues-- how much debt it takes on-- but it doesn't matter for the value of the company.

    负债不相关理论说明它和,公司发行股票的每股价格,和总负债有关,但和公司的价值无关

    耶鲁公开课 - 金融市场课程节选

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