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Capital and Finance: Theory and History

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This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA®).

A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. ...