In this research, the concept of Duration with a new application in project management has been defined. The Duration … of each project provides the project manager with a combined measure containing concepts of return, cost and time of the … project. Further in this article, the changes in project return, based on different assumptions such as discount rate, have …

choose their portfolio risk, bank size, and capital holdings. Banks voluntarily hold equity when the buffer effect against … the risk of default outweighs the cost advantages of debt financing. In the optimum, banks with lower monitoring costs are … to make higher-risk portfolios more attractive. Accounting for banks’ interior capital choices can thus explain why …