Investment Models with Uniform Debt Repayment and Their Applications
- Authors: Brusov P.N.1, Filatova T.V.1
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Affiliations:
- Financial University under the Government of the Russian Federation
- Issue: Vol 216, No 5 (2016)
- Pages: 627-632
- Section: Article
- URL: https://ogarev-online.ru/1072-3374/article/view/237873
- DOI: https://doi.org/10.1007/s10958-016-2923-x
- ID: 237873
Cite item
Abstract
In this paper, we describe new investment models with uniform debt repayment during the life of the project, quite adequately describing real investment projects. Within these models, it is possible, in particular, to analyze the dependence of effectiveness of investment projects on debt financing and taxation. We will work within the modern Brusov–Filatova–Orekhova theory of capital cost and capital structure as well as within a perpetuity limit.
About the authors
P. N. Brusov
Financial University under the Government of the Russian Federation
Author for correspondence.
Email: pnb1983@yahoo.com
Russian Federation, Moscow
T. V. Filatova
Financial University under the Government of the Russian Federation
Author for correspondence.
Email: mfilatova@fa.ru
Russian Federation, Moscow
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