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Use of Arbitrage Price Formation Theory for Assessment of Branch Investment Risk Based on Pulp-and-Paper Industry

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M.I. Lisitsa

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339.727

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Abstract

The way of investment risk evaluation and calculation of required profit rate for discounting money flows is investigated with the help of arbitrage price-formation theory based on the example of pulp-and-paper industry in Russia.

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Use of Arbitrage Price Formation Theory for Assessment of Branch Investment Risk Based on Pulp-and-Paper Industry

 

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