Search Results - subject:"adjusted present value"

Entity- und Equity-Verfahren bei autonomer Finanzierungsstrategie

Hölscher, Reinhold; Helms, Nils - 2013

Dieser Beitrag basiert auf den folgenden beiden Veröffentlichungen : - Hölscher, R. / Helms, N.: Konvergenz von APV- und WACC-Verfahren unter Auflösung des Zirkularitätsproblems (Teil 1), in: Wirtschaftswissenschaftliches Studium (WiSt) , 42. Jg., Heft 5/2013, S. 231-237. - Hölscher, R. /...

Persistent link: https://www.econbiz.de/10009783724

Firm valuation: tax shields & discount rates

Ansay, Thomas - Volkswirtschaftliche Fakultät, … - 2009

This paper proposes a new discounted cash flows’ valuation setup, and derives a general expression for the tax shields’ discount rate. This setup applies to any debt policy and any cash flow pattern. It only requires the equality at any time between the assets side and the liabilities side...

Persistent link: https://www.econbiz.de/10008587853

Subsidized loan financing and its impact on the cost of capital and levered firm value. A non-technical reply to "Adjustment of the WACC with subsi...

Ibragimov, Rauf; Velez-Pareja, Ignacio - MASTER CONSULTORES - 2008

Debt financing with subsidizes interest rate has a multidimensional impact on the firm. Value of the levered equity, value of the debt and overall firm value will be different of those values with debt financing at market rate. Subsidized interest rate on debt does not create any additional cash...

Persistent link: https://www.econbiz.de/10010762962

The mismatching of APV and the DCF in Brealey, Myers and Allen 8th edition of Principles of corporate finance, 2006

Velez-Pareja, Ignacio; Tham, Joseph - MASTER CONSULTORES - 2008

(FCF) and the Adjusted Present Value (APV). The two firm values obtained are different. They say that the ... difference …

Persistent link: https://www.econbiz.de/10010763027

Valoarea actualizată netă şi valoarea actualizată ajustată

Anamaria, Jugrin - In: Revista OEconomica (2008) 04

The purpose of this paper is to analyse the advantages of the adjusted present value – as a new method of valuing …

Persistent link: https://www.econbiz.de/10008464254

Subsidized loan financing and its impact on the cost of capital and levered firm value

Ibragimov, Rauf; Velez-Pareja, Ignacio - MASTER CONSULTORES - 2007

Persistent link: https://www.econbiz.de/10010762976

Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case

Vélez-Pareja, Ignacio; Tham, Joseph; Fernández, Viviana - MASTER CONSULTORES - 2005

calculation of the Adjusted Present Value, APV, to consider both, the tax savings and the subsidy. We show how all the methods …

Persistent link: https://www.econbiz.de/10010763001

Proper Solution of Circularity in the Interactions of Corporate Financing and Investment Decisions: A Reply to the Financing Present Value A

Velez-Pareja, Ignacio; Tham, Joseph - MASTER CONSULTORES - 2005

found an iterative solution to the problem of circularity that results in a “near” matching with the Adjusted Present Value …

Persistent link: https://www.econbiz.de/10010763057

The value of tax shields IS equal to the present value of tax shields

Cooper, Ian A.; Nyborg, Kjell G. - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2005

that, even though the capital market is complete, value-additivity is violated. As a consequence, adjusted present value …

Persistent link: https://www.econbiz.de/10005645033

Monte Carlo Simulations for Real Estate Valuation

Hoesli, Martin; Jani, Elion; Bender, André - Swiss Finance Institute - 2005

We use the Adjusted Present Value (APV) method with Monte Carlo simulations for real estate valuation purposes. Monte …

Persistent link: https://www.econbiz.de/10005264600