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Pasquale De Luca
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Pasquale De Luca: University of Rome Sapienza

Chapter 20 in Corporate Finance, 2023, pp 417-430 from Springer

Abstract: Abstract Firm must decide how to use the free cash-flows generated. The general rules statue that if firm has new positive-NPV (Net Present Value) investment opportunities, it should reinvest these free cash-flows by increasing the firm’s enterprise value.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-18300-3_20

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DOI: 10.1007/978-3-031-18300-3_20

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