Cash Flow Multipliers and Optimal Investment Decisions
收藏NBER2010-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15807
下载链接
链接失效反馈官方服务：
资源简介：
By postulating a simple stochastic process for the firm's cash flows in which the drift and the variance of the process depend on the investment policy of the firm, we develop a theoretical model, determine the optimal investment policy and, given this policy, calculate the ratio of the current
提供机构：
美国国家经济研究局
创建时间：
2010-03-01
