A binomial random sum of present value models in investment analysis

Αγγελική Βουδούρη, Ευάγγελος Ντζιαχρήστος


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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η δικτυακή πύλη της ευρωπαϊκής ένωσης ψηφιακή ελλάδα ΕΣΠΑ 2007-2013