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