【摘要】 在企业投资决策中 ,有一些项目可以以相同的规模不断重置 ,但只有在适当的时刻重置才能实现企业价值最大化 ,这就需要对可重置项目的最优经济寿命进行决策。这类决策 ,须运用NPV (N ,∞ )法才能得出相对正确的结论。更多还原

【Abstract】 In the decision-making process of company investment, some projects can be replicated in the same scale, but only the replication in a proper time(the variable N) can maximize the net present value(NPV) of the company. Thus decision upon the optimized economic lifespan of the replicable projects becomes necessary. Sound conclusion can only be reached by using the NPV(N,∞) method in the process of decision-making.更多还原