Variables	(1)	(2)	(3)	(4)	(5)
Variables	Interest Rate	Interest Rate	Interest Rate	Interest Rate	Interest Rate
Power_Sales	−0.00225	−0.00606***	−0.00840***	−0.0229*	−0.0250**
Power_Sales	(0.00415)	(0.00150)	(0.00230)	(0.0126)	(0.00984)
Size		1.217***	1.661***	4.020	2.816
Size		(0.331)	(0.384)	(2.443)	(1.671)
Leverage			−2.894*	−1.466	0.131
Leverage			(1.589)	(0.894)	(1.061)
Market_Book (M/B)				0.600*	0.701*
Market_Book (M/B)				(0.328)	(0.343)
Sales_Growth (S/G)				−0.00199	−0.00375
Sales_Growth (S/G)				(0.00378)	(0.00523)
Tangibility					6.172
Tangibility					(4.609)
Profitability					−0.199
Profitability					(0.425)
Long_Term_Debt_Ratio					−2.881**
Long_Term_Debt_Ratio					(1.097)
Constant	5.929***	−21.50***	−30.67***	−86.91	−61.29
Constant	(0.0245)	(7.461)	(8.343)	(56.47)	(39.07)
Observations	41	41	41	37	37
R-squared	0.004	0.035	0.138	0.481	0.580
Number of code	24	24	24	22	22