Levered

Some articles on levered:

Modigliani–Miller Theorem - Historical Background - With Taxes
... Proposition I where is the value of a levered firm ... means that there are advantages for firms to be levered, since corporations can deduct interest payments ... Proposition II where is the required rate of return on equity, or cost of levered equity = unlevered equity + financing premium ...
Hamada's Equation
... named after Professor Robert Hamada, is used to separate the financial risk of a levered firm from its business risk ... It is used to help determine the levered beta and, through this, the optimal capital structure of firms ... Hamada’s equation relates the beta of a levered firm (a firm financed by both debt and equity) to that of its unlevered (i.e ...
Leverage (finance) - Leverage and Risk
... during a business downturn, while a less-levered corporation might survive ... however, which is that the underlying levered asset is the same as the unlevered one ... to a given asset always adds risk, it is not the case that a levered company or investment is always riskier than an unlevered one ...
Modigliani–Miller Theorem - Historical Background - Without Taxes
... value of an unlevered firm = price of buying a firm composed only of equity, and is the value of a levered firm = price of buying a firm that is composed of some mix of ... Another word for levered is geared, which has the same meaning ... Instead of purchasing the shares of the levered firm L, he could purchase the shares of firm U and borrow the same amount of money B that firm L does ...