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1) If cash flows of different years are perfectly uncorrelated, how is the standard deviation of NPV defined by the Hiller model? 2) if
1) If cash flows of different years are perfectly uncorrelated, how is the standard deviation of NPV defined by the Hiller model? 2) if cash flows of different years are perfectly correlated, how is the standard deviation of NPV defined by the Hiller model?
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The Hillier model is a method used to calculate the standard deviation of the net present value NPV ...
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
