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Leverage
‘Leverage refers to the use of fixed cost in an attempt to increase (or lever up) profitability’.
About the Above Author
James C. Van Home is The A.P. Giannini Professor of Banking and Finance, Emeritus, having come to Stanford in 1965. He has taught MBA courses in corporate finance, mergers and acquisitions, corporate restructuring, money and capital markets, fixed-income securities, and government and nonprofit debt financing. He was the first recipient of the distinguished teaching award by MBA students, and recipient again in 1997.
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