Browsing by Subject "Capital structure model"
Now showing items 1-2 of 2
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A Capital Structure Model with Growth
(Washburn University. School of Business, 2010-02-1)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
(Washburn University. School of Business, 2005-12-1)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 ...