4 'The uncertainty surrounding future costs and revenues interacts with the difficulties of determining the discount rate

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4 'The uncertainty surrounding future costs and revenues interacts with the difficulties of determining the discount rate to make discounting an investment appraisal method of significance only to academic economists.' Discuss this view, comparing the difficulties of discounting with the problems encountered with other appraisal methods.

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Fundamentals Of Managerial Economics

ISBN: 9781349162253

1st Edition

Authors: Julian Gough, Stephen Hill

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