Capital budgeting under uncertainty.

• Main Author: Low, Chan Kee.
• Other Authors: School of Accountancy and Business
• Format: Research Report
• Published: 2008
• Subjects: DRNTU::Business::Management::Capital
• Online Access: http://hdl.handle.net/10356/8102
• Institution: Nanyang Technological University

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.