1. BACKGROUND The search for reliable techniques for project appraisal is an aged activity. Still it is of prime importance because the survival of a corporation is predominantly determined by…
Introduction In recent literature, capital flows from rich to poor nations has become a subject for intense debate among development theorists. (Kolstad, 2008) Many development theorists have come to understand…
Abstract The fact that investment trusts and close-end funds in general trade at a discount has elicited debates among financial scholars and practitioners, often referred to as the closed-end puzzle….
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