Examlex
A _______________ utilizes key people from several subsidiaries to ensure that the system design meets the needs of local sites,as well as corporate headquarters.
Cost of Equity
The return that investors expect for investing in a company's equity, reflecting the risk of owning equity in the company.
Interest Tax Shield
The tax saving attained by a firm from interest expense.
M&M Proposition II
A theory by Modigliani and Miller that suggests the cost of equity is a linear function of the company's debt/equity ratio, under a no-tax environment.
Financial Risk
The possibility of losing money on an investment or business venture due to various financial factors.
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