3.4 Value of Equity & Debt

From the course by University of Michigan
Valuation: Alternative Methods
123 ratings
University of Michigan
123 ratings
Course 3 of 4 in the Specialization Introduction to Finance: Valuation and Investing
From the lesson
Module 3
In Module 3, we will introduce the effects of taxes on valuation. We will build gradually on the effects of taxes on a company's cash flows and then introduce the much more complex treatment of leverage to highlight its effects on valuation.

Meet the Instructors

  • Gautam Kaul
    Gautam Kaul
    Professor of Finance & Fred M. Taylor Professor of Business Administration
    Ross School of Business