Question
Could you explain how the formulas of WACC are derived under imputation tax system ? I know how to use the two formulas but cannot
Could you explain how the formulas of WACC are derived under imputation tax system ? I know how to use the two formulas but cannot understand it. For example, why is re divided by (1-gamma)?
After tax:
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
