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Finanzmathematik : Lehrbuch der Zins-, Renten-, Tilgungs-, Kurs- und Renditerechnung

Kruschwitz, Lutz - 2010 - 5., überarb. Aufl.

Persistent link: https://www.econbiz.de/10004453225

Investitions- und Finanzplanung : Arbeitsbuch mit Aufgaben und Lösungen

Kruschwitz, Lutz; Decker, Rolf O. A.; Möbius, Christian - 1993

Persistent link: https://www.econbiz.de/10004163273

Finanzierung und Investition

Kruschwitz, Lutz; Husmann, Sven - 2012 - 7., überarb. und erw. Aufl.

Persistent link: https://www.econbiz.de/10009669204

Comment on "The value of tax shields is NOT equal to the present value of tax shields"

Fieten, Paul; Kruschwitz, Lutz; Laitenberger, Jorg; … - In: The Quarterly Review of Economics and Finance 45 (2005) 1, pp. 184-187

Persistent link: https://www.econbiz.de/10005378601

Comment on 'The Value of Tax Shields is NOT Equal to the Present Value of Tax Shields', Including an Arbitrage Opportunity

Wonder, Nicholas X.; Fieten, Paul; Kruschwitz, Lutz; … - MASTER CONSULTORES - 2003

In a forthcoming paper, Fernandez (2002) claims to derive a formula for the valuation of debt tax shields for firms with cash flows that grow perpetually at a constant rate. We show that his formula is incorrect and provide an example where his valuation would admit arbitrage.

Persistent link: https://www.econbiz.de/10010763002