The Leverage Factor by James Ardell - HTML preview
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20. - Changes in Capital Structure and Their Effect on Stock Prices - 491
The Validity of Leverage Factors, 491
Connecting the Dots: Earnings and Dividend Growth and the Cost of Equity, 492
Earnings Acceleration, 493
Statistical Validity, 495
A Brief Study, 496
Three Assumptions, 498
Expectations, 499
Interpretation and Results, 500
Hypothetical Causation, 502
The Hazards of Playing Detective, 503
The Argument for Capital Rationing, 505
Spearman Rank Correlation and Individual Interpretation, 510