Examlex
The greater of the yield-to-call or the yield-to-maturity is used as the appropriate indicator of value.
NPV
Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project, comparing the value of all cash inflows and outflows over time, discounted back to their present value.
Indirect Bankruptcy Costs
The costs associated with bankruptcy that are not directly related to legal or administrative expenses, such as lost sales, customers, or suppliers.
Financial Leverage
Employing debt to boost the potential earnings from an investment.
Debt-Equity Ratio
A ratio illustrating the financial strategy of using debt versus equity in asset financing for a company.
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