C H A P T E R 17Multinational Cost of Capital

and Capital Structure

COPYRIGHT © 2008 South-Western/Cengage Learning.

Exhibit 17.1 Searching for the Appropriate Capital Structure

Exhibit 17.2 Summary of Factors That Cause the Cost of Capital of MNCs to Differ from That

of Domestic Firms

Exhibit 17.3 Cost of Debt across Countries

Source: Federal Reserve

Exhibit 17.4 Lexon’s Estimated Weighted Average Cost of Capital (WACC) for Financing

a Project

Exhibit 17.5 Analysis of Lexon’s Project Based on Two Financing Alternatives (Numbers are in

Millions)

Exhibit 17.6 Adjusting the Multinational Capital Structure to Reduce Withholding Taxes

Exhibit 17.6 Adjusting the Multinational Capital Structure to Reduce Withholding Taxes

(continued)

Exhibit 17.7 Effect of Global Conditions on Financing