The difference between Modigliani–Miller and Miles–Ezzell and its consequences for the valuation of annuities
Author:
Affiliation:
1. NTNU Business School, Norwegian University of Science and Technology, Trondheim/Norway
Publisher
Informa UK Limited
Subject
Economics and Econometrics,Finance
Link
https://www.tandfonline.com/doi/pdf/10.1080/23322039.2020.1862446
Reference24 articles.
1. A Reconsideration of Tax Shield Valuation
2. On the risk-neutral value of debt tax shields
3. Capital Cash Flows, APV and Valuation
4. The Weighted Average Cost of Capital as a Cutoff Rate: A Further Analysis
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