The value of tax shields is NOT equal to the present value of tax shields

Author:

Fernandez Pablo

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference18 articles.

1. Arditti, F.D., Levy, H., 1977. The weighted average cost of capital as a cutoff rate: a critical examination of the classical textbook weighted average. Financial Management (Fall), 24–34.

2. Principles of Corporate Finance;Brealey,2000

3. Valuation: Measuring and Managing the Value of Companies;Copeland,2000

4. Damodaran on Valuation;Damodaran,1994

5. Valuation Methods and Shareholder Value Creation;Fernandez,2002

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