TY - JOUR TI - Valuation relationships under growth PB - Universidad Icesi PY - 2003 issn 01235923 AB - One of the most important topics on valuation is the appropriate relationships between cash flows and rate of returns. I review those relationships under the premise, by Myers (1974), of the cost of debt as the right discount for the tax shield. Different hypotheses have been advanced for the discount rates, which can be used to asses the empirical validity of each of the approaches. KW - Costos de capital KW - Tasa de retorno KW - Flujo de caja KW - Producción intelectual registrada - Universidad Icesi KW - Economía KW - Economics KW - Econometría KW - Econometrics models UR - http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/117 ER -