Magni, Carlo Alberto - In: The IUP Journal of Financial Economics VIII (2010) 1 & 2, pp. 7-35
This paper expands on the results obtained in Magni (2009) regarding investment decisions with the Capital Asset Pricing Model (CAPM). It is shown that four different decision criteria are deductively drawn from this model: the disequilibrium Net Present Value (NPV), the equilibrium NPV, the...
