Cargando…

A Theory Of The Firm's Cost Of Capital : How Debt Affects The Firm's Risk, Value, Tax Rate, And The Government's Tax Claim.

The cost of capital concept has myriad applications in business decision-making. The standard methodology for deriving cost of capital estimates is based on the seminal Modigliani-Miller analyses. This book generalizes this framework to include non-debt tax shields (e.g., depreciation), interactions...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rao, Ramesh K. S.
Otros Autores: Stevens, Eric C.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore : World Scientific, 2007.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Preface; Contents; List of Figures; List of Tables; I. Introduction; II. Model Setting; III. Distributional Assumptions; IV. Model Solution Procedure; V. Discussion of Results; VI. Extension to s × s states; VII. Numerical Illustration; VIII. Conclusion; Appendix A; Appendix B; References; Index.