Probabilistic DCF Analysis and Capital Budgeting and Investment—a Survey
作者： David G. Carmichael , Maria C. A. Balatbat
DOI: 10.1080/00137910701864809
关键词:
摘要: The article surveys contributions to the literature covering field of probabilistic discounted cash flow (DCF) analysis individual capital investments from earliest 1960s today. Such includes methods present worth (net value), annual worth, future internal rate return, payback period, and benefit:cost ratio. history development case is traced, listing main assumptions made any restrictions applications. survey will be found useful by those engaged in risk management decisions associated with budgeting having uncertain outcomes.
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