Debt Level and the Firm Levered Cost of Capital
<p>The cost of capital is one of the most relevant variables in the firm’s valuation models. The well-known models to estimate the cost of capital are based on a defined debt level. Therefore, they can be used only if the debt level is known and constant in the valuation period; consequently,...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2017-10-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/5347 |