Velez-Pareja, Ignacio; Ibragimov, Rauf; Tham, Joseph - MASTER CONSULTORES - 2007
In this teaching note we show that using the findings of Tham and Velez-Pareja 2002, for finite cash flows, Ke and … (CCF). For finite cash flows and perpetuities, the derivation presents the analysis for different levels of risk with … debt as the level of risk for the TS and finite cash flows. A typical approach for valuing finite cash flows is to assume …