Merton Miller

  1. Taking Shots At CAPM

    Find out why many investors think the capital asset pricing model is full of holes. ...
  2. The Optimal Use Of Financial Leverage In A Corporate ...

    The amount of debt and equity that makes up a company's capital structure has many ...
  3. Nobel Winners Are Economic Prizes

    Before you try to profit from their theories, you should learn about the creators ...
  4. What Dividends Say About Stock Health

    Dividend payments may reveal information about the future prospects of a company. ...
Hot Definitions
  1. Zero-Sum Game

    A situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero. ...
  2. Capitalization Rate

    The rate of return on a real estate investment property based on the income that the property is expected to generate.
  3. Gross Profit

    A company's total revenue (equivalent to total sales) minus the cost of goods sold. Gross profit is the profit a company ...
  4. Revenue

    The amount of money that a company actually receives during a specific period, including discounts and deductions for returned ...
  5. Normal Profit

    An economic condition occurring when the difference between a firm’s total revenue and total cost is equal to zero.
  6. Operating Cost

    Expenses associated with the maintenance and administration of a business on a day-to-day basis.
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