Transforming the Net Present Value for a Comparable One

This study examines the nature of net present value. It defines the economic content of the net present value and mathematically proves that definition is correct. This economic content inducts that the net present values are not comparable. The study systematically eliminates the distortion affect...

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Bibliographic Details
Main Author: Mária Illés
Format: Article
Language:English
Published: University of Miskolc 2012-07-01
Series:Theory, Methodology, Practice
Subjects:
Online Access:https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1411