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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 567 |
Essay's paper body
Another major theory is the Trade-Off
Theory in which firms are assumed to trade-off the tax benefits of debt
with the bankruptcy costs of debt when making their decisions. An
emerging area in finance theory is right-financing whereby investment
banks and corporations can enhance investment return and company
value over time by determining the right investment objectives, policy
framework, institutional structure, source of financing (debt or equity)
and expenditure framework within a given economy and under given
market conditions...
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Another major theory is the Trade-Off
Theory in which firms are assumed to trade-off the tax benefits of debt
with the bankruptcy costs of debt when making their decisions. An
emerging area in finance theory is right-financing whereby investment
banks and corporations can enhance investment return and company
value over time by determining the right investment objectives, policy
framework, institutional structure, source of financing (debt or equity)
and expenditure framework within a given economy and under given
market conditions...
Essay fragment
General points of the essay
A Guide to Documentary Payments & Short-Term Trade Finance
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