Examlex
Divide, then simplify if possible.
Required Return
The minimum expected return by an investor for investing in a particular security or project, considering the risk associated with the investment.
M&M II
Part of Modigliani and Miller's capital structure theories, specifically the proposition that the value of a firm is independent of its capital structure under certain market conditions and tax considerations.
Economic Expansion
A phase of the business cycle where economic activity and output increase, indicating growth in the economy.
EBIT
Earnings Before Interest and Taxes - a measure of a firm's profit that includes all expenses except interest and income tax expenses.
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