Results 261 to 270 of about 17,384 (307)

“The weighted average cost of capital is not quite right”: A rejoinder

The Quarterly Review of Economics and Finance, 2009
Abstract Richard Miller's reply (2008) to my comment (2008) on his claim (2007) that the standard WACC formula fails to correctly remunerate shareholders and bondholders raises crucial questions on the nature of the project's debt that he considers in his calculations.
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Comment on “The weighted average cost of capital is not quite right”

The Quarterly Review of Economics and Finance, 2009
Abstract One of the most important equations in modern finance theory and practise is the WACC textbook formula accounting for the capital structure and resulting tax consequences on valuing a stream of cash flows. In the article “The weighted average cost of capital is not quite right” published in this paper by Richard A. Miller in February 2009,
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“The weighted average cost of capital is not quite right”: A comment

The Quarterly Review of Economics and Finance, 2009
Abstract In this journal, Miller [Miller, R. A. (2009). The weighted average cost of capital is not quite right. The Quarterly Review of Economics and Finance , 49 , 128–138] argues that the standard WACC formula fails to correctly remunerate shareholders and bondholders. This is proved by considering a project yielding a zero net present value. In
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The Weighted Average Cost of Capital and Shareholder Wealth Maximization

The Journal of Financial and Quantitative Analysis, 1977
A set of theorems was derived based on the following set of axioms: (1) financial management seeks to maximize the wealth of existing shareholders; (2) all projects being considered at period 0 are of one period duration and possess the attribute that their adoption or rejection by the firm will not affect the business risk of the firm's asset ...
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Implications of the method of capital cost payment on the weighted average cost of capital.

Health services research, 1986
The author develops a theoretical and mathematical model, based on published financial management literature, to describe the cost of capital structure for health care delivery entities. This model is then used to generate the implications of changing the capital cost reimbursement mechanism from a cost basis to a prospective basis.
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Weighted Average Cost of Capital - Factoring in Changing Leverage

SSRN Electronic Journal, 2008
Where the project is financed by debt and equity and the internal rate of return of the project is computed for a period extending beyond the amortization period of the debt, accepting the project based on the conventional method of computing the WACC using first year weights, is incorrect. Besides the fact that such a computation pre-supposes default,
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Weighted Average Cost of Capital

2015
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Optimality Condition and Distributed Optimization for Economic Dispatch Using a Novel Weighted Incremental Cost Consensus Approach

Frontiers in Energy Research, 2022
Um-E-Habiba Alvi, Waqas Ahmed, Keum-Shik Hong   +2 more
exaly  

Clarifications of and improvements to the equations used to calculate the levelized cost of electricity (LCOE), and comments on the weighted average cost of capital (WACC)

Energy, 2020
L D Danny Harvey
exaly  

The Corporation's Cost of Capital and the Weighted-Average Cost of Capital

SSRN Electronic Journal, 2006
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