Browsing by Subject "Captial structure model (CSM)"

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    • A Capital Structure Model (CSM) with Wealth Transfers 

      Hull, Robert M.
      Perpetuity gain to leverage (GL) research originating in Modigliani and Miller (1963) and Miller (1977) analyzes the change in value from issuing debt to retire unleveraged equity. Hull (2007, 2010) extends this research ...