Eine Untersuchung über neue Finanzinnovationen Finanzinnovationen entstehen, weil Finanzmärkte ineffizient und unvollständig sind. Finanzinnovationen bewirken über eine Senkung der Kosten der Finanzintermediation eine effizientere Allokation des volkswirtschaftlichen Sparkapitals....

According to recent surveys, most companies use discounted-cash-flow (DCF) methods to evaluate capital budgeting decisions. DCF methods typically assume that a project's initial cash outlay (ICO) is known with certainty. However, many types of initial outlays have substantial uncertainty,...

This paper develops an Excel model – useful to students, academics, and business professionals - that values the impact of government driven increases in temporary first-year depreciation allowances, known as bonus depreciation. Bonus depreciation is a temporary measure that has been used as a...