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Author:Kadiyala, P.
Title:The relation between the magnitude of growth opportunities and the duration of equity
Journal:Journal of Financial Research
2000 : FALL, VOL. 23:3, p. 285-310
Index terms:Stock markets
Economic growth
Economic performance
Language:eng
Abstract:The study examines the relation between the magnitude of growth opportunities in a firm and the duration of the firm's equity. It adopts the real option approach to the valuation of growth opportunities and shows that under certain circumstances the opposite can be true.
SCIMA record nr: 217900
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