Results 121 to 130 of about 17,384 (307)
Calculating the weighted average cost of capital for the telephone industry in Russia
, 2011 In this paper, we apply the trade-off theory of capital structure to Microsoft. We use data for bond ratings, bond risk premiums, and levered CAPM betas to compute the cost of equity and the weighted average cost of capital for Microsoft at different ...
Moeller, Susan E. +2 more
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American Journal of Agricultural Economics, EarlyView.Abstract This study examines the impact of soil erosion on agricultural land values in the United States (US) Midwest. Based on a novel county‐level panel data set with information on soil erosion levels and agricultural land values covering five census years (1997, 2002, 2007, 2012, and 2017), we separately investigate the direct effect of two types ...
Le Chen +3 more
wiley +1 more source
Valuing companies by cash flow discounting: Ten methods and nine theories [PDF]
This paper is a summarized compendium of all the methods and theories on company valuation using cash flow discounting. The paper shows the ten most commonly used methods for valuing companies by cash flow discounting: 1) free cash flow discounted at the
Fernández , Pablo
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American Journal of Agricultural Economics, EarlyView.Abstract While multiple factors explain low adoption rates of improved varieties by small‐scale farmers in sub‐Saharan Africa, a key supply‐side constraint is the limited availability of seed embodying new traits in the volume, quality, price, and timeliness required by farmers. This constraint is partly attributable to classical failures in the market
Dawit Mekonnen +5 more
wiley +1 more source
Discounting Rules for Risky Assets [PDF]
This paper develops a rule for calculating a discount rate to value risky projects. The rule assumes that asset risk can be measured by a single index (e.g., beta), but makes no other assumptions about specific forms of the asset pricing model. It treats
Richard S. Ruback, Stewart C. Myers
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Food inflation pass‐through from agricultural imports in a small open economy
American Journal of Agricultural Economics, EarlyView.Abstract This paper develops a new framework for quantifying cost pass‐through in a small open economy by estimating firm‐level markup responses to agricultural import price shocks. We show theoretically that markup adjustments depend on firms' reliance on imported inputs and demand curvature, generating heterogeneous inflationary effects across firm ...
Minseong Kang, Seungki Lee
wiley +1 more source
Um estudo da aplicação dos métodos fluxo ao capital próprio, custo médio ponderado de capital e valor presente ajustado, na avaliação de uma empresa com dívidas [PDF]
, 2000 Dissertação (mestrado) - Universidade Federal de Santa Catarina, Centro Sócio-Econômico.O objetivo central da pesquisa refere-se à verificação dos valores resultantes da aplicação de três métodos de avaliação: Fluxo ao Capital Próprio - FTE, Custo Médio ...
Goulart, Marselle
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American Journal of Agricultural Economics, EarlyView.Abstract Large‐scale land reforms constitute a substantial redistribution of wealth and reallocation of agricultural land, which is a major form of asset and production input in developing countries. While land redistribution (from the rich to the poor) remains a highly controversial issue, extensive evidence on its effect is limited.
Devashish Mitra +3 more
wiley +1 more source
Levered and unlevered Beta [PDF]
We prove that in a world without leverage cost the relationship between the levered beta ( L) and the unlevered beta ( u) is the No-costs-of-leverage formula: L = u + ( u - d) D (1 - T) / E.
Fernandez, Pablo
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Estimating the WACC in a regulatory setting: an assessment of Dr Martin Lally’s paper ‘The weighted average cost of capital for electricity lines businesses’ of 8 September 2005 [PDF]
, 2006 ISCR: 06-04In September 2005, the New Zealand Commerce Commission (NZCC) released a document (The Weighted Average Cost of Capital for Electricity Lines Businesses by Dr Martin Lally, referred to as LINES hereafter) that estimates a weighted average ...
Evans, Lewis +5 more
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