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    • Asymmetry and the cost of capital. 

      Sarria Allende, Virginia; García Sánchez, Javier; Preve, Lorenzo (2nd World Finance Conference, Rhodes., 2011)
      The expected cost of capital is a crucial component for most of the topics in corporate finance. Unfortunately in the presence of risky debt, it is systematically overestimated. This bias is increasing in leverage and the ...