Remove DCF Remove Development Remove Discounted Cash Flow
article thumbnail

Still Many Ways to Skin a Capital Cost

Harvard Business Review

Estimating the rate at which to discount the cash flows — the cost of equity capital — is an integral part of the exercise, and the choice of rate has a significant effect on estimates of a project's or a company's value. Yeh, William S. Schulze, and Michael H. McNulty et al.

CAPM 15