Investment Models with Uniform Debt Repayment and Their Applications


Cite item

Full Text

Open Access Open Access
Restricted Access Access granted
Restricted Access Subscription Access

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

Supplementary files

Supplementary Files
Action
1. JATS XML

Copyright (c) 2016 Springer Science+Business Media New York