Question
What is the inevitable result for an enterprise using an inaccurate discount rate? Please comment on using conservative estimates for discount rates to avoid investing
What is the inevitable result for an enterprise using an inaccurate discount rate? Please comment on using conservative estimates for discount rates to avoid investing in negative NPV projects. As you consider the potential for Type I and Type II statistical errors, which one is worse when evaluating a project?
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
