“…His argument is the only one that is consistent with both paradigms. As for claim [a], it gives us a fourth interpretation of the lost capital, besides the three previously found: The lost capital is the capital which is lost by investors (section 2), is the outstanding capital of a shadow project whose standard RI coincides with the lost-capital RI (Magni, 2000a(Magni, , 2005(Magni, , 2006, is the capital infused into the business (section 5), and is the capital "borrowed" from shareholders, whose interest rate is the equity cost of capital. These four interpretations, while seemingly discordant, are coherently harmonized under the formal lens of the LC paradigm.Claim [b] is evident from Table 3, which uses the definition of CSV and ARI given in the previous and current section respectively: In Anthony's view, value is recorded only in the last period, whereas the previous RIs are zero.…”