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The WACC Fallacy: The Real Effects of Using a Unique Discount Rate

David Thesmar 1 P. Kruger Augustin Landier
1 GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC
Keywords : WACC Fallacy Effect Discount Rate
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https://hal-hec.archives-ouvertes.fr/hal-00578326
Contributor : Antoine Haldemann <>
Submitted on : Saturday, March 19, 2011 - 1:24:59 PM
Last modification on : Thursday, January 11, 2018 - 6:19:32 AM

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  • HAL Id : hal-00578326, version 1

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David Thesmar, P. Kruger, Augustin Landier. The WACC Fallacy: The Real Effects of Using a Unique Discount Rate. Séminaire de recherche, Université de Mannheim, Feb 2011, Mannheim, Germany. ⟨hal-00578326⟩

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