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Simulation-based valuation of project finance investments in sub-Saharan Africa and its effects on net present value and default probabilities
This paper addresses the issue surrounding the valuation of valuing large-scale infrastructure projects located in emerging and frontier market countries. These are economies which, traditionally, have been characterised as having high levels of risk and uncertainty, thus presenting a significant ch...
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| Format: | Thesis |
| Language: | English |
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Research of GSB
2018
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