Question
If a climate change analyst applies a discount rate of 1.25 percent to losses expected in 50 years' time, how much, per $1 of expected
If a climate change analyst applies a discount rate of 1.25 percent to losses expected in 50 years' time, how much, per $1 of expected loss, might she be willing to spend today to avoid those losses?
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
