haku: @author Sweeney, L. E. / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
Tekijä: | Sweeney, L. E. Mantripragada, K. G. |
Otsikko: | Ranking mutually exclusive investments: the problem of unequal lives. |
Lehti: | Journal of Business Finance and Accounting
1991 : JUN, VOL. 18:4, p. 609-618 |
Asiasana: | CAPITAL BUDGETING NET PRESENT VALUE |
Kieli: | eng |
Tiivistelmä: | First, a critical review of the discussion to resolve the problem of unequal project lives in capital budgeting is presented. Then a technique for ranking mutually exclusive projects which allows the analyst to use a yield-based measure as the choice criterion is described. The projects are ranked the same as not present value. The assumptions are limited and conservative, and they do not run counter a generally accepted theoretical principle. This technique offers the analyst a large degree of flexibility in estimating the effects of this perception of the capital market rates which the firm will face in the future. |
« edellinen | seuraava »
SCIMA