Examlex
The key finding in PEA is ____.
Capital Structure
The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, representing how a firm finances its overall operations and growth.
Miller's Theory
Miller's Theory, part of the Modigliani-Miller theorem, posits that in perfect markets, the value of a company is unaffected by how it is financed, regardless of whether it's through debt or equity.
MM Propositions
The Modigliani-Miller propositions, fundamental theories in corporate finance that suggest, under certain conditions, the value of a firm is unaffected by its capital structure.
Financial Leverage
Utilizing borrowed money to enhance the possible gains from an investment.
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