Calculating the Present Value of An Asset's Future Cash Flows
收藏NBER1978-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0268
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资源简介:
This paper describes both the theory and a computer program designed to calculate the present value of an asset's uncertain future cash flows. In this model expected flows may vary in each of "t" future periods. Flows are adjusted to a certainty equivalent by a correction factor derived from a
提供机构:
美国国家经济研究局
创建时间:
1978-07-01



