Constancy and Perpetuity: Simplifying or Camouflaging?

This work examines the validity and the legitimacy of the assumption of constancy and/or perpetuity—often used in theory, practice, and education in finance. Many of the major results in the existing literature (such as weighted average cost of capital, Modigliani-Miller value invariance proposition...

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Bibliographic details
Volume: 49
Main Author: Ghosh, Dilip K
Ghosh, Dipasri
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: College of Business Administration of the University of Nebraska-Lincoln 01.07.2010
Creighton University
published in: Quarterly journal of finance and accounting Vol. 49; no. 3/4; pp. 61 - 74
Data of publication: 20100701
ISSN: 1939-8123
2327-8250
EISSN: 2327-8250
Discipline: Economics
Business
Subjects:
Online Access: Fulltext
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