A MODEL OF PROMISED BOND YIELD |
3 | |
2009 |
scientific article | |||
199-201 | cash flow of business, risk adjusted present value factor, yield |
A model for calculating promised bond yield is proposed. The model is based on the method of preferable state of business in one year's time. This model allows to calculate the yield of the bonds as they are first issued at the moment when the venture investor goes out of business |
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