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What is the significance of finding polyketide-synthesis gene clusters in the metagenome of the sponge Discodermia dissoluta?
Levered Firms
Companies that use debt in addition to equity in their capital structure.
Unlevered Firms
Companies that operate without the use of borrowed money or financial leverage.
M&M Proposition II
A theory proposing that the cost of equity for a leveraged firm increases linearly with its level of debt, holding the cost of debt constant.
Cost of Equity
The return a company requires to decide if an investment meets capital return requirements and is used in calculating the weighted average cost of capital.
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