A binomial random sum of present value models in investment analysis

Αγγελική Βουδούρη; Ευάγγελος  Ντζιαχρήστος

A binomial random sum of present value models in investment analysis

Authors

Αγγελική Βουδούρη
Ευάγγελος Ντζιαχρήστος

Keywords:

Investment

Abstract

Stochastic present value models have been widely adopted in financial theory and practice and play a
very important role in capital budgeting and profit planning. The purpose of this paper is to introduce a
binomial random sum of stochastic present value models and offer an application in investment analysis.

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Published

23-02-1997

How to Cite

Βουδούρη Α., & Ντζιαχρήστος Ε. (1997). A binomial random sum of present value models in investment analysis. SPOUDAI Journal of Economics and Business, 47(1-2), 15–20. Retrieved from https://spoudai.org/index.php/journal/article/view/541