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Keywords:  Project finance
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Journal Articles
Management Decision (2000) 38 (6): 384–393.
Published: 01 August 2000
.... The realization that investors value what they expect to realize – the after‐tax effects of ownership – dictates analysis of after‐tax benefits of ownership employing an after‐tax cost of capital or hurdle rate. © MCB UP Limited 2000 Cost of capital Project management Project finance...

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