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Abstract: Direct Evaluation and Corporate Financial Theory

Published online by Cambridge University Press:  19 October 2009

Extract

This paper develops a comprehensive approach to project selection and financing decisions, when firms' securities are traded in competitive markets and investors prefer “more to less.” The technique is based on direct inferences from observed security prices.

Type
Abstracts of Conference Papers: Financial Management Theory
Copyright
Copyright © School of Business Administration, University of Washington 1977

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