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SSRN Electronic Journal, 2011
ABSTRACT This paper presents a mean-variance form of the static trade-off model in the presence of corporate tax, personal tax brackets, and systematic leverage costs represented by the risk premium of risky debt. The risk premium of risky debt is determined using the model of Merton (1974).
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ABSTRACT This paper presents a mean-variance form of the static trade-off model in the presence of corporate tax, personal tax brackets, and systematic leverage costs represented by the risk premium of risky debt. The risk premium of risky debt is determined using the model of Merton (1974).
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2013
We now take our first step in explaining capital structure. As outlined in Chap. 1, this is essentially a fancy way of categorizing the specific mixture of debt and equity a firm chooses to finance firm operations. One should view capital structure in two ways. First, we need to examine the firm’s existing capital structure.
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We now take our first step in explaining capital structure. As outlined in Chap. 1, this is essentially a fancy way of categorizing the specific mixture of debt and equity a firm chooses to finance firm operations. One should view capital structure in two ways. First, we need to examine the firm’s existing capital structure.
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Liquidity and Capital Structure
2006This paper solves for a firm's optimal cash holding policy within a continuous time, contingent claims framework that has been extended to incorporate most of the significant contracting frictions that have been identified in the corporate finance literature.
Ronald W. Anderson, Andrew Carverhill
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The International Cost of Capital and Capital Structure
2002A firm’s capital consists of equity (retained earnings and funds obtained by issuing stock) and debt (borrowed funds). The firm’s cost of retained earnings reflects an opportunity cost representing what the existing shareholders could have earned if they had received the earnings as dividends and invested the funds themselves.
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Structure of Mpro from SARS-CoV-2 and discovery of its inhibitors
Nature, 2020Zhenming Jin, Xiaoyu Du, Yechun Xu
exaly
Structure of the SARS-CoV-2 spike receptor-binding domain bound to the ACE2 receptor
Nature, 2020Jun Lan, Jiwan Ge, Jinfang Yu
exaly
Optimal Capital Structure Under Corporate and Personal Taxation
, 1980H. DeAngelo, Ronald W. Masulis
semanticscholar +1 more source
Cellulose nanomaterials review: structure, properties and nanocomposites
Chemical Society Reviews, 2011Robert J Moon+2 more
exaly