TJAR Articles Volume 15 / 2024
Volume 15 / 2025
Article
- Hitoshi Takehara
Expected Default Frequency-Adjusted Implied Cost of Equity: How and WHen Does the Probability of Default Affecct the Implied Cost of Equity?
Received August 24, 2022; accepted October 6, 2025; available online December 24, 2025
