Question
Question 1) Why do retail companies (such as Target, JCPenny and Sears) use different hurdle rates for their retail store and their creidt cards that
Question 1)
Why do retail companies (such as Target, JCPenny and Sears) use different hurdle rates for their retail store and their creidt cards that they issue (9% and 4%, respectively)? What financial process is the most appropriate to use to estimate these discount rates to see if they are reasonable?
Thank you.
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
