search query: @indexterm NET PRESENT VALUE / total: 71
reference: 13 / 71
Author: | Hellwig, K. |
Title: | Vermögenssichernde Wertpapierplanung |
Journal: | Zeitschrift für Betriebswirtschaft
1996 : VOL. 66:8, p. 979-987 |
Index terms: | PORTFOLIO INVESTMENT EQUILIBRIUM ANALYSIS DISCOUNTED CASH FLOW NET PRESENT VALUE FINANCIAL THEORY |
Language: | ger |
Abstract: | The paper analyses the problem of value preservation for multiperiod portfolio problems where value is defined as the present value of cash flows discounted with opportunity costs. For a special type of such problems the existence of a solution is shown. The proof parallels the classical fixed point argumentation in equilibrium analysis. A number of extensions (such as value growth) and futher applications are presented. |
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