The Positive Net Present Value of Loss-making Projects: Economic Content of the Two Internal Rates of Return
This paper examines the economic content of the positive net present value of a project type that is loss-making and has two internal rates of return. The most important finding is that the economic content of a positive net present value is false in such cases. The financial source of the missing...
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| Format: | Article |
| Language: | English |
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University of Miskolc
2020-12-01
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| Series: | Theory, Methodology, Practice |
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| Online Access: | https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1755 |