Corporation Income Taxes and the Cost of Capital: A Revision
The value of debt tax shields in foundational corporate valuation models by Nobel Laureates Modigliani and Miller (MM) continues to be a controversial issue that is central to our understanding of corporate finance. Rather than discounting debt interest payments using a riskless interest rate or unl...
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| Format: | Artikel |
| Sprache: | English |
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Universidad Nacional de Colombia
2012-12-01
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| Schriftenreihe: | Innovar: Revista de Ciencias Administrativas y Sociales |
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| Online Zugang: | http://www.caoni.be/index.php/innovar/article/view/39341 |