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The Positive Net Present Value of Loss-making Projects: Economic Content of the Two Internal Rates of Return

This paper examines the economic content of the positive net present value of a project type that is loss-making and has two internal rates of return. The most important finding is that the economic content of a positive net present value is false in such cases. The financial source of the missing...

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Dettagli Bibliografici
Autore principale: Mária Illés
Natura: Artigo
Lingua:Inglês
Pubblicazione: University of Miskolc 2020-12-01
Serie:Theory, Methodology, Practice
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Accesso online:https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1755
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