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Compute the cost of capital when policies vary of time

Open jdebacker opened this issue 4 years ago • 0 comments

The equation or the cost of capital should be generalized to better show the effects of transitory tax policy. A. B. Lyon (NTJ, 1990) shows how to do this in a continuous time model, as is used with CCC.

jdebacker avatar Oct 14 '19 17:10 jdebacker