Stochastic Discounted Cash Flow : : A Theory of the Valuation of Firms / / by Lutz Kruschwitz, Andreas Löffler.

This open access book discusses firm valuation, which is of interest to economists, particularly those working in finance. Firm valuation comes down to the calculation of the discounted cash flow, often only referred to by its abbreviation, DCF. There are, however, different coexistent versions, whi...

Full description

Saved in:
Bibliographic Details
Superior document:Springer Texts in Business and Economics,
VerfasserIn:
Place / Publishing House:Cham : : Springer International Publishing :, Imprint: Springer,, 2020.
Year of Publication:2020
Edition:1st ed. 2020.
Language:English
Series:Springer Texts in Business and Economics,
Physical Description:1 online resource (XXIII, 241 p.)
Tags: Add Tag
No Tags, Be the first to tag this record!
Table of Contents:
  • Introduction: A Stochastic Approach to Discounted Cash Flow
  • Basic Elements: Cash Flow, Tax, Expectation, Cost of Capital, Value
  • Corporate Income Tax: WACC, FTE, TCF, APV
  • Personal Income Tax
  • Corporate and Personal Income Tax
  • Proofs
  • Sketch of Solutions.