Capital budgeting under uncertainty.
This paper attempts to extend the existing literature on capital budgeting in this direction by proposing a framework of analyses when both project lives and future cash flows are uncertain.
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| Format: | Research Report |
| Published: |
2008
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| Online Access: | http://hdl.handle.net/10356/8102 |
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| Institution: | Nanyang Technological University |
| Summary: | This paper attempts to extend the existing literature on capital budgeting in this direction by proposing a framework of analyses when both project lives and future cash flows are uncertain. |
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