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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the ways in which sudden yet unforeseen inflation can impact companies with various financial postures. The author aims to determine whether stockholders benefit more from unanticipated inflation when they hold greater debt. They contrast anticipated with unexpected inflation, a unique characteristic of this research. Other studies have often conflated the two, obscuring the genuine effects of inflation. This book adds depth to the limited research that has attempted to differentiate between the two inflation types. Exploring a broad time frame, this book uses quarterly data from 1947 to 1979 to analyze the relationship between unanticipated inflation and stock returns, while controlling for expected inflation. It also assesses the impact of inflation on the value of various nominal contracts, such as debt, accounts receivable, and depreciation tax shields. Through this research, the author challenges the widely-held belief that stockholders benefit from unanticipated inflation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781333774219_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781333774219
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781333774219
Quantité disponible : 15 disponible(s)