La Rational Valuation Formula - 3a
{"Image DocumentName": "La Rational Valuation Formula - 3a", "Image ImageDescription": "EtRt+1 = [EtVt+1 \u2013 Vt + Det+1] / Vt. EtRt+1 = k. k Vt = [EtVt+1 \u2013 Vt + Det+1] Vt + k Vt = EtVt+1 + Det+1. Vt (1 + k) = Et[Vt+1 + Dt+1] [4] Vt = \u03b4Et (Vt+1 + Dt+1); \u03b4=1/(1+k)<1 \u00e8 il fattore di sconto.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}