yuval meaning in English

尤瓦尔

Considering the study of financial distress costs : in the past , the researching object of financial distress costs is real costs , but not expected costs , although the latter was first emerged in the trade - off theory . the article differentiate between the expected financial distress costs and real financial distress costs , and discuss the former , analyze the yuval . s researching , and find his method based on dcf may underestimate the expected financial distress costs and on his searching , use the real option instead of dcf method to calculate the corporation . s value and estimate the expected financial distress costs
在关于财务危机成本的研究中：虽然预期财务危机成本的概念在权衡理论中就已提及，但以前财务危机成本的研究对象实质上是实际财务危机成本，而非预期财务危机成本，本文区分了预期财务危机成本和实际财务危机成本，并对前者进行了探讨，分析了yuval在此方面的研究，认为他基于折现现金流的方法会低估预期财务危机成本，并在其研究成果的基础上，使用实物期权的方法替代折现现金流法来测算企业价值，从而估算预期财务危机成本。