DETERMINE REQUIREMENTS FOR RETURN ON EQUITY OF INNOVATIVE-INVESTMENT PROJECT

The article clarifies and shown in a formalized manner the conditions of admissibility of innovative- investment projects from the point of view of profitability based on the patterns of funding and publicity of the enterprise. Presents approaches to the definition of the required profitability of projects in various stages of development. The described features of the calculation of the cost of debt capital projects proposed formula, allowing it to determine in the case when the interest for the use of funds can be attributed to expenses only partially. Presents approaches to determining the value of the financial resources generated through the issue of ordinary and preference shares of the company. The method of determining correction values yield alternatives, if considered innovative-investment project is characterized by risk level. The method is based on quantitative assessment of credit institutions the level of financial risk associated with the company in various investment decisions