queries about FM

. Irredeemable preference shares are equity. Redeemable preference shares are debt. 2. Irredeemable debt is very rare in the real world, but in theory it can and the exam tests you on theories as well as practicalities. 3. Betas are full explained in my free lectures – you cannot expect me to type them all out. here ? 4. D1 is the dividend in one years time. Po is the market value. Again, this is all explained in my free lectures. 5. It depends whether or not there is tax. Again, you must watch my lectures on capital structure.. 6. Interest reduces the taxable profit for the company and therefore saves the company tax. 7,8,9 and 10 These (yet again) are all explained in detail my free lectures. It seems that you have missed more than one of my lectures. Please do not expect me to type out all my lectures here – everything is explained in the lectures.