Explain how an increase in inflation affects a companys tax shields from depreciation and the resulting impact

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Explain how an increase in inflation affects a company’s tax shields from depreciation and the resulting impact on the company’s value.
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Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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