ON OPTIMAL FINANCING OF CYCLICAL CASH NEEDS

THE PURPOSE OF THE ARTICLE DISCUSSED WAS TO DETERMINE THE OPTIMAL MIX OF SHORT-AND LONG-TERM BORROWING TO FINANCE CYCLICAL CASH NEEDS, AND TO DO A COMPARATIVE STATIC ANALYSIS OF HOW THE OPTIMAL MIX VARIES WITH THE SHAPE OF THE CYCLE AND THE INTEREST-RATE STRUCTURE, WITH RATES ASSUMED CERTAIN BUT POS...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	The Journal of finance (New York) 1973-12, Vol.28 (5), p.1249-1254
Hauptverfasser:	Aigner, D. J., Sprenkle, C. M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Cash Corporate finance Cost efficiency Cyclical Finance Financial investments Interest rates Long term debt Macroeconomics Minimization of cost Needs Optimal solutions Variable costs
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!