Present Values with Renewals
Alan Washburn
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Alan Washburn: Operations Research Department, Naval Postgraduate School, Monterey, California 93943-5000
Management Science, 1992, vol. 38, issue 6, 846-850
Abstract:
Expected present values can be calculated in the presence of a sequence of events that cause the cash flow process to restart after each one. Methods are derived and illustrated by examples.
Keywords: present value; discount (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:38:y:1992:i:6:p:846-850
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