There exists circularity between WACC and value? Another solution.
Although we know there exists a simple approach to solve the circularity between value and the discount rate, known as the Adjusted Present Value proposed by Myers, 1974, it seems that practitioners still rely on the traditional Weighted Average Cost of Capital, WACC approach of weighting the cost o...
- Autores:
-
Vélez Pareja, Ignacio
Benavides Franco, Julián
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 2006
- Institución:
- Universidad ICESI
- Repositorio:
- Repositorio ICESI
- Idioma:
- spa
- OAI Identifier:
- oai:repository.icesi.edu.co:10906/803
- Acceso en línea:
- http://hdl.handle.net/10906/803
http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/182
http://biblioteca2.icesi.edu.co/cgi-olib/?infile=details.glu&loid=161095
- Palabra clave:
- Firm valuation
Cost of capital
Cash flow
Free cash flow
Negocios y management
Economía
Producción intelectual registrada - Universidad Icesi
Economics
Business
- Rights
- openAccess
- License
- https://creativecommons.org/licenses/by-nc-nd/4.0/