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Paperback An Analysis of the Use of Discounted Cash Flow Methods Book

ISBN: 383831381X

ISBN13: 9783838313818

An Analysis of the Use of Discounted Cash Flow Methods

Surveys of firms outside the property sector indicate the growth in the use of DCF methods such as the NPV and IRR methods to evaluate projects as compared to the use of such na?ve methods as Payback and the Accounting rate of return. The growing convergence of theory and practice is indicated by the growing use of the NPV method. The objective of this study is to determine the capital budgeting methods used to evaluate real estate development projects...

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