Examlex
Because of long-run effects, decisions about one of the four Ps is often harder to change than the others. This P is:
Unlevered Cost
The cost of an investment or project without the inclusion of debt, representing the underlying cost to equity holders.
Tax Rate
The percentage at which an individual or corporation is taxed, which can vary according to income or profits.
Coupon
The interest rate paid by a bond, typically expressed as a percentage of the bond's face value.
Unlevered Cost
It involves the cost of funding a project or investment without any debt, reflecting the cost of capital that is equity financed.
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