Abstract
In this chapter, we conduct the analysis of effectiveness of investment projects within the perpetuity (Modigliani–Miller) approximation (Мodigliani and Мiller 1958, 1963, 1966). Based on the obtained in previous chapter results for NPV (Brusov and Filatova 2011; Brusov et al. 2011a, b, c, 2012a, b, 2013a, b, 2014a, b; Filatova et al. 2008; Brusova 2011), we analyze the effectiveness of investment projects for three cases:
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References
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Brusov, P., Filatova, T., Orekhova, N., Eskindarov, M. (2015). Influence of Debt Financing on the Efficiency of Investment Projects: The Analysis of Efficiency of Investment Projects Within the Perpetuity (Modigliani–Miller) Approximation. In: Modern Corporate Finance, Investments and Taxation. Springer, Cham. https://doi.org/10.1007/978-3-319-14732-1_12
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DOI: https://doi.org/10.1007/978-3-319-14732-1_12
Publisher Name: Springer, Cham
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