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Reflecting the Influence of Taxation of Income in Discounted Cash Flow Modelsстатья
- Автор: Kozyr Yu. V.
- Журнал: US Open Mathematical Finance Journal
- Том: 1
- Номер: 1
- Год издания: 2014
- Первая страница: 1
- Последняя страница: 15
- Аннотация: This article views the procedures of adjusting the expected cash flows on the before-tax and after-tax calculation bases; shows the conditions for the convergence of calculation results and gives the adjusted formulas for the models of infinite growth; and specifies the type of the cost of capital for equity capital, used for calculating a weighted average cost of capital (WACC)