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The analyst first discounts the expected future value of both the project costs and benefits, recognizing that a dollar in the future is worth less
The analyst first discounts the expected future value of both the project costs and benefits, recognizing that a dollar in the future is worth less than a dollar today. Then the analyst subtracts the stream of discounted project costs from the stream of discounted project benefits. The result represents which of the following options?
A PP
B NPV
C IR
D BCR
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Project Finance For Construction
Authors: Anthony Higham, Carl Bridge, Peter Farrell
1st Edition
1138941298, 978-1138941298
