Documents Discounting Debt Tax Shields at the Levered Cost of Equity

1 Discounting Debt Tax Shields at the Levered Cost of Equity James W. Kolari* Texas A&M University Abstract The value of debt tax shields in foundational valuation models…

Documents 1 EMBA 514 Capital Structure Theory. 2 Capital Structure Effects on Value The impact of capital...

Slide 1 1 EMBA 514 Capital Structure Theory Slide 2 2 Capital Structure Effects on Value The impact of capital structure on value depends upon the effect of debt on: …

Documents EMBA 514 Capital Structure Theory

* EMBA 514 Capital Structure Theory * Capital Structure Effects on Value The impact of capital structure on value depends upon the effect of debt on: WACC Feedback to FCF…