Optimal Portfolio for N-Risky and N-Riskless Irreversible Investments
B. A. Salami & C. R. Nwozo · Journal of Advances in Mathematics and Computer Science · 2015
When a firm decides to make irreversible investment expenditure, it neglects its right without obligation to invest but wait for new desirable information that might affect investment decision. Studies have shown irreversible investments with the underlying value process driven b...
Open access
Research Article
10.9734/BJMCS/2015/14583