In a project , the risk adjusted rate of return of 13% was used to discount the uniform expected annual net cash flow of $2.3m
June 7th, 2024
In a project , the risk adjusted rate of return of 13% was used to discount the uniform expected annual net cash flow of $2.3m.The project had a useful life of 15 years and the relevant risk free rate is 5%. What is the certainty equivalent