Abstract
The notion of Internal Financial Law for an investment is introduced. Through this generalization of the IRR a general notion of outstanding capital is obtained. After the introduction of a generalized version of NPV a decomposition of this parameter is offered which is strictly connected to the notion of ROE.
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© 1991 Springer-Verlag Berlin · Heidelberg
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Peccati, L. (1991). Multiperiod Analysis of a Levered Portfolio. In: Spronk, J., Matarazzo, B. (eds) Modelling for Financial Decisions. Studies in Financial Modelling. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-76761-6_11
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DOI: https://doi.org/10.1007/978-3-642-76761-6_11
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