Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10000729756
Persistent link: https://www.econbiz.de/10000701100
Persistent link: https://www.econbiz.de/10001058012
Persistent link: https://www.econbiz.de/10001069635
Persistent link: https://www.econbiz.de/10001069932
Persistent link: https://www.econbiz.de/10002104459
This paper develops a model incorporating costly disinvestment and estimates the associated commitment premium required to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital by 70 percent. This implies an average annual hurdle...
Persistent link: https://www.econbiz.de/10012759928
This paper develops a model incorporating costly disinvestment and estimates the associated commitment premium required to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital by 70 percent. This implies an average annual hurdle...
Persistent link: https://www.econbiz.de/10012465382
Persistent link: https://www.econbiz.de/10000613876
Persistent link: https://www.econbiz.de/10000957218