Illés, Mária - In: Theory Methodology Practice (TMP) 10 (2014), pp. 21-32
knowledge regarding the content of net present value, and highlights the importance of taking the aggregate capital needs into … consideration. Fisher’s rate only means useful information in practice if the ranking is made based on the net present value … present value, which is free of distorting effects (and assuming equal required rates of return,) gives the same ranking list …