Examlex
There is a jump,or break,in a firm's MCC schedule each time the firm runs out of a particular source of capital at a particular cost.For example,a firm may use up its 10 percent debt and can then issue more debt only if it offers a higher rate to investors.
Pain
An unpleasant sensory and emotional experience associated with actual or potential tissue damage.
Cochlear Implant
A medical device that bypasses damaged parts of the inner ear and directly stimulates the auditory nerve to provide a sense of sound.
Auditory Nerve
The cranial nerve that transmits sound information from the inner ear to the brain, enabling hearing.
Electrical Signals
Pulses or waves of electrical activity that transmit information through neurons or between electronic devices.
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