Debt Policy and the Rate of Return Premium to Leverage
收藏NBER1984-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1439
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资源简介:
Equilibrium in the market for real assets requires that the price of those assets be bid up to reflect the tax shields they can offer to levered firms.Thus there must be an equality between the market values of real assets and the values of optimally levered firms. The standard measure of the
提供机构:
美国国家经济研究局
创建时间:
1984-08-01



