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Compute the cost of capital when policies vary of time #286

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jdebacker opened this issue Oct 14, 2019 · 0 comments
Open

Compute the cost of capital when policies vary of time #286

jdebacker opened this issue Oct 14, 2019 · 0 comments

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@jdebacker
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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.
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