pThe Soviet people are successfully implementing their Seven-Year Plan of economic development, This is a decisive step in realizing the basic economic goal of the USSR: to match and surpass the capitalist countries in per capita production within the shortest historical period./ppThe seven-year...

The choice of financing source is particularly difficult for a small firm due to the high uncertainty about future liquidity requirements. We show that the techniques of continuous time arbitrage and stochastic control theory may be used not only to value such firms but also to determine the...