Homogeneity

Homogeneity

Homogeneity

The degree to which items are similar.

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Homemade leverage

Homemade leverage

Homemade leverage

Idea that as long as individuals borrow (or lend) on the same terms as the firm, they can duplicate the affects of corporate leverage on their own. Thus, if levered firms are priced too high, rational investors will simply borrow on personal accounts to buy shares in unlevered firms.

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Homemade dividend

Homemade dividend

Homemade dividend

Sale of some shares of stock to get cash that would be similar to receiving a cash dividend.

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