The study attempts to analyse India's trade potential with other SAARC member states under the SAFTA agreement by means of the augmented gravity model, at annual frequency from 1992 to 2019 in general and from 2004 to 2019 in particular. The findings of this paper prove that the intra-regional...

Modigliani and Miller theory, Miller model, Hamada's model, and Conine model for risky debt (all for a zero-growth firm), Daves and Ehrhardt model for growth firm, etc. use conflicting assumptions for the same inputs for valuation, which leads to multiple values of tax shield and equity for the...