Conclusion

Ramesh K S Rao and Eric C Stevens
Additional contact information
Ramesh K S Rao: University of Texas at Austin, USA
Eric C Stevens: Salt Lake City, Utah, USA

Chapter 8 in A Theory of the Firm's Cost of Capital:How Debt Affects the Firm's Risk, Value, Tax Rate and the Government's Tax Claim, 2007, pp 57-61 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractHow firms estimate their WACC and MTR is no trivial matter. A few percent in capital costs can mean a swing in billions of expenditure dollars (Bruner et al., 1998). For this reason, US policy makers evaluate alternative tax policies by studying how they can influence, through the WACC and MTR, firms' investment decisions…

Keywords: Cost of Capital; Marginal Tax Rate; WACC (Weight Average Cost of Capital); Debt Capacity; Leverage; Borrowing; Tax Shields (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789812708373_0008 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789812708373_0008 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789812708373_0008

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().