33. 0 100 200 300 400 500 600 700EBIT-EPS 图EBIT ($ 千元)E p S ($)0123456普通股债务优先股 和 普通股
融资无差异点优先股
34. 风险?0 100 200 300 400 500 600 700EBIT ($ thousands)Earnings per Share ($)0123456普通股债务低风险. Only a small
probability that EPS will
be less if the debt
alternative is chosen.EBIT的概率分布
(for the probability distribution)
35. 风险?0 100 200 300 400 500 600 700EBIT ($ thousands)Earnings per Share ($)0123456CommonDebt高风险. A much larger
probability that EPS will
be less if the debt
alternative is chosen.Probability of Occurrence
(for the probability distribution)