Examlex
In the present value of operating free cash flow technique, the firm's operating free cash flow to the firm is discounted at the firm's weighted average cost of capital (WACC).
Unlevered Cost
The cost of capital for a company without any debt in its capital structure.
Par Bonds
Bonds that are issued and traded at their face value or nominal value.
Financial Leverage
Utilizing borrowed money to amplify the possible gains from an investment, while also elevating the chance of incurring losses.
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