JER, 第 8-9 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2003 |
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第 1 到 3 筆結果,共 24 筆
第 141 頁
quirements on the quality of the information it generates . The fact that the staged financing allows more projects to be financed comes from the fact that staged financing makes a better use of the value of the option to liquidate the ...
quirements on the quality of the information it generates . The fact that the staged financing allows more projects to be financed comes from the fact that staged financing makes a better use of the value of the option to liquidate the ...
第 151 頁
... financed . With the single round financing , projects with X < 1- ( 1- ) will not be financed no matter how accurate the signal may be . Under the staged financing , that range is extended to X < ( 1 + π ) -2 ( 1 - T ) . One can see ...
... financed . With the single round financing , projects with X < 1- ( 1- ) will not be financed no matter how accurate the signal may be . Under the staged financing , that range is extended to X < ( 1 + π ) -2 ( 1 - T ) . One can see ...
第 153 頁
... financing , the project NPV is strictly increasing at the rate of ( 1 − π ) ( L — qX ) . As depicted in the figure , the staged financing will eventually do better than the single round financing , overtaking it at 0 = 0 * . - - If 01 ...
... financing , the project NPV is strictly increasing at the rate of ( 1 − π ) ( L — qX ) . As depicted in the figure , the staged financing will eventually do better than the single round financing , overtaking it at 0 = 0 * . - - If 01 ...
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Sung Keun | 21 |
Koji Okuguchi Ferenc Szidarovszky Oligopoly with | 51 |
Sukwhan Ahn Chongmin Kim An Explanation | 63 |
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