Polycopié d'exercices 2015/2016 - Thierry Granger - Université ...

16445. Jensen, M. (1986), "Agency costs of free cash flow, corporate finance and
takeovers" ..... d'Achat. Dans cet exercice, cette valeur de liquidation est nulle. .....
We suppose that the rate of discount is nil (or the factor of discount is equal to ...

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