American Journal of Economics, Finance and Management
Articles Information
American Journal of Economics, Finance and Management, Vol.1, No.4, Aug. 2015, Pub. Date: May 28, 2015
Investment Models with Uniform Debt Repayment and Their Application
Pages: 271-275 Views: 3381 Downloads: 1217
Authors
[01] P. N. Brusov, 1Financial University under the Government of Russian Federation, Moscow, Russia.
[02] T. V. Filatova, 1Financial University under the Government of Russian Federation, Moscow, Russia.
[03] N. P. Orekhova, Research Consortium of Universities of the South of Russia, Rostov-on-Don, Russia; South Federal University, Rostov-on-Don, Russia.
[04] I. K. Shevchenko, South Federal University, Rostov-on-Don, Russia.
[05] A. Y. Arkhipov, South Federal University, Rostov-on-Don, Russia.
[06] V. L. Kulik, 1Financial University under the Government of Russian Federation, Moscow, Russia.
Abstract
In this paper, we describe new investment models with uniform debt repayment during the life of the project, quite adequately describing real investment projects. Within these models it is possible, in particular, to analyze the dependence of effectiveness of investment projects on debt financing and taxation. We will work within developed by Brusov-Filatova-Orekhova modern theory of capital cost and capital structure as well as within a perpetuity limit.
Keywords
Debt Financing, Investment Projects with Uniform Debt Repayment, Effectiveness of Investment Project, Brusov-Filatova-Orekhova (BFO) Theory
References
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