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suggest that (1) ceteris paribus an optimum maturity year appears to exist that maximises the NVP, and (2) the change of … optimum debt maturity tends to correlate positively with the corporate tax rate but negatively with the interest rate. In the … observed in- and outflows and the real interest rate by which the annual interest payment is determined for the entire maturity …
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This handbook presents a systematic overview of approaches to, diversity, and problems involved in interdisciplinary rating methodologies. Historically, the purpose of ratings is to achieve information transparency regarding a given body’s activities, whether in the field of finance, banking,...
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