Browsing Fakultet for økonomi (ØK) by Journals "Journal of Business Valuation and Economic Loss Analysis"
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Consistent DCF Methods for Constant-Growth Annuities à la Modigliani & Miller or Miles & Ezzell
(Journal article; Peer reviewed, 2024)In this paper, we develop two complete discounted-cash flow (DCF) frameworks for the valuation of constant-growth annuities and perpetuities. By ‘complete’ we mean that these frameworks allow the valuation of a firm or ...