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Debt-Equity Ratio
The debt-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, often used to assess financial leverage.
Residual Dividend Policy
A strategy where a company pays dividends out of the residual or leftover equity only after all project capital requirements and operational expenses are met.
After-Tax Earnings
The profit of a company after all taxes have been deducted from revenues.
Par Value
The face value of a bond or the stock value stated in the corporate charter, which may differ from the market value.
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