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Modifed pure present value

The subject of this paper is a modified net present value, and how it could be a useful tool for real investment opportunities valuation when the firm’s opportunity rate of reinvestment is different from its financing rate – cost of capital, or risk adjusted cost of capital (discount rate). This situ...

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Auteur principal: Силвије Орсаг
Format: Artigo
Langue:Inglês
Publié: University of Banja Luka, Faculty of Economics 2014-02-01
Collection:Acta Economica
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Accès en ligne:http://ae.ef.unibl.org/index.php/AE/article/view/81
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