System diagnostics of socio-economic processes
N.A. Dmitrieva Criterial estimations invariances of multicurrency investment projects
System analysis in medicine and biology
Methods and models of system analysis
Dynamic systems
N.A. Dmitrieva Criterial estimations invariances of multicurrency investment projects

Abstract.

The article is devoted to multicurrency investment project evaluation. A number of lemmas and theorems about invariance of criterial estimations that can be useful when evaluating investment projects with several currencies are proved in the paper. We consider both one-country and polycountry multicurrency investment projects. We show that different ways of efficiency indicators calculations if performed correctly lead to the same result. The efficiency of investment projects is determined on the basis of net present value criteria (NPV).

Keywords:

investment project; investment project evaluation; multicurrency investment project; inflation; multicurrency inflation; deflation of cash flows; invariance of investment project estimations; net present value; NPV.

PP. 3-16.

DOI: 10.14357/20790279180401

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