Introduction
Eva R. Porras
A chapter in The Cost of Capital, 2011, pp 1-5 from Palgrave Macmillan
Abstract:
Abstract A fundamental dilemma common to individuals, firms, and nations is how to make the best use of their resources. This book is concerned with one of those resources: the financial capital raised to operate and expand a business. The earnings that individuals can expect to receive by making portfolios of investments depend on the returns those nations and firms pay for their savings, which overall are a function of the risk the investors acquire.
Keywords: Cash Flow; Risk Premium; Capital Structure; Free Cash Flow; Operative Cash Flow (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29767-8_1
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DOI: 10.1057/9780230297678_1
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