Examlex
In a literate society,the function of legends has been largely taken over by:
Par Bonds
Bonds that are issued and redeemed at their face value, or par value, which represents the nominal or dollar value printed on the bond.
Expected Perpetual EBIT
The forecasted continuous earnings before interest and taxes that a company expects to generate over an indefinite future period, assuming a steady state of operations.
Unlevered Cost of Capital
The cost of capital for a company that has no debt, representing its cost of equity.
Financial Leverage
The use of borrowed funds to increase the potential return of an investment.
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