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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Bibliographic Details
Main Author: Pasquale De Luca
Format: Article
Language:English
Published: EconJournals 2017-10-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/5347