Question
In terms of the discount rate used to evaluate future cash flows, practically and theoretically, of what should the discount rate consist of, given that
In terms of the discount rate used to evaluate future cash flows, practically and theoretically, of what should the discount rate consist of, given that markets are not perfect?
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The discount rate should be based on the firms cost of cap...
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
9781133939160, 1133939155, 1133939163, 978-1133939153
