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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 is widely used in business decision-making. The current theory and estimates for measurement of cost of capital are derived from the seminal Modigliani-Miller analyses. This book generalizes this framework to include non-debt tax shields (e.g., depreciation) and default c...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Rao, Ramesh K. S. (Author), Stevens, Eric C., 1962- (Author)
Format: Electronic eBook
Language:Inglés
Published: Hackensack, New Jersey : World Scientific, [2007]
Subjects:
Online Access:Texto completo

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