Now showing items 1-2 of 2

    • A Capital Structure Model with Growth 

      Hull, Robert M.
      This paper broadens perpetuity gain to level (GL) research by analyzing the role of growth within the capital structure model (CSM) formalized by Hull (2007). We contrast the cost of using internal equity versus external ...
    • Leverage Borrowing Rates, Tax Rates And Growth Rates 

      Hull, Robert M.
      This paper extensively broadens the perpetuity gain to leverage (GL) equations of Modigliani and Miller (1963) and Miller (1977) by developing a capital structure model (CSM) that contains a series of perpetuity GL equations ...