33. Mellin Transformers, Inc. uses a required return of 15% in all economic justifi cations. Infl ation

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33. Mellin Transformers, Inc. uses a required return of 15% in all economic justifi cations. Infl ation is anticipated to be 5% over the foreseeable future. What real discount rate are they implicitly using?

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Fundamentals Of Engineering Economic Analysis

ISBN: 9781118414705

1st Edition

Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt

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