Perrakis, Stylianos; Sahin, Izzet - In: Management Science 22 (1976) 7, pp. 799-809
This paper provides a computational technique for the evaluation of the net present value (NPV) of an investment, in which the cash inflows occur at random time points and which terminates after a fixed time interval. The initial cash outlay is deterministic and the magnitudes of the cash...