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| Author: | Panteghini; P. M. |
| Title: | On debt-financing and investment timing |
| Journal: | Finnish Economic Papers
2002 : AUTUMN, VOL. 15:2, p. 110-114 |
| Index terms: | Debt financing Investment Profitability |
| Language: | eng |
| Abstract: | The paper especially shows that an option to delay raises the average profitabilityof firms who choose to invest immediately, thereby reducing the market interest rate on debt. |
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