An EBIT‐Based Model of Dynamic Capital Structure
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- 1 October 2001
- journal article
- Published by University of Chicago Press in The Journal of Business
- Vol. 74 (4) , 483-512
- https://doi.org/10.1086/322893
Abstract
A model of dynamic capital structure is proposed. Even though the optimal strategy is implemented over an arbitrarily large number of restructuring‐periods, a s...Keywords
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