AN ATTEMPT TO DEFINE THE DISCOUNT RATE IN THE LIGHT OF THE TYPE OF INVESTMENT PROJECT
AN ATTEMPT TO DEFINE THE DISCOUNT RATE IN THE LIGHT OF THE TYPE OF INVESTMENT PROJECT

Author(s): Monika Foltyn-Zarychta
Subject(s): Business Economy / Management
Published by: Masarykova univerzita nakladatelství
Keywords: discount rate; investment appraisal;
Summary/Abstract: The problem of estimating the discount rate level is a crucial issue in investment project appraisal procedure. The discount rate is strongly determined by the type of investment that sets the scope of decision criteria. The need to apply financial efficiency, economic efficiency or justice criterion impose the frames for theoretically correct measure of the discount rate.

• Details
• Contents