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Discussion

Published online by Cambridge University Press:  19 October 2009

Extract

Profeśsor Magen's paper, “Cost of Capital and Dividend Policies in Commercial Banks” is an attempt to measure and explain the effects of financial leverage on the cost of capital for commercial banks. The methodology used is that of linear multiple regression which is inappropriate with regard to his data.

Type
Discussants
Copyright
Copyright © School of Business Administration, University of Washington 1971

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