15 minute lesson derivation of “traditional” (or m&m version) after tax wacc

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15-Minute Lesson:

Derivation of “Traditional” (or M&M Version)

After Tax WACC

Reading References:

Miller, Merton H. The Modigliani-Miller Propositions after Thirty Years. Journal of Economic

Perspectives. Fall 1988. The American Economic Associations.

Stulz, Rene M. Merton Miller’s Contribution to Modern Finance. Chapter 40 of The Revolution in

Corporate Finance. Joel M. Stern and Donald H. Chew, Jr. (Editors). MA (USA): Blackwell

Publishing Ltd. 2003. Pages 590-607.

Sukarnen

DILARANG MENG-COPY, MENYALIN,

ATAU MENDISTRIBUSIKAN

SEBAGIAN ATAU SELURUH TULISAN

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15 minute lesson derivation of “traditional” (or m&m version) after tax wacc

Economy & Finance