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Keywords: Required returns
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Journal Articles
The translation between the required return on unlevered and levered equity for explicit cash flows and fixed debt financing
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Journal:
Managerial Finance
Managerial Finance (2021) 47 (4): 466–486.
Published: 05 October 2020
...Denis Mike Becker Purpose The primary purpose of this paper is to develop the translation formula between the required return on unlevered and levered equity for the specific case where cash flows have a finite lifetime and the flow to debt is prespecified. The secondary purpose of this paper...
