Lower or higher before-tax required returns on assets that are subject to lower or higher tax rates.
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GDP implicit price deflator
GDP implicit price deflator An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.
Implicit Bankruptcy Costs
Implicit Bankruptcy Costs Opportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.
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