Examlex
Follow-up evaluations of the Perry Preschool Project (High/Scope curriculum) indicated that the program:
Weighted Average Cost of Capital
Weighted Average Cost of Capital (WACC) is a calculation of a company's cost of capital in which each category of capital is proportionately weighted.
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income, such as interest on debt.
Capital Structure
The mix of debt and equity financing a company uses to fund its operations and growth.
M&M Proposition II
Modigliani and Miller's Proposition II states that a company's cost of equity increases as it increases its leverage due to the risk premium on equity.
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