Discount rate choice and the application of duration for capital budgeting decisions

Engineering Economist

Volumn 41, Issue 4, 1996, Pages 369-375

  Finch, J Howard ^a   Payne, Thomas H ^a  

^a UNIVERSITY OF TENNESSEE AT CHATTANOOGA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

CALCULATIONS; COSTS; ENGINEERING; MANAGEMENT;

CAPITAL BUDGETING DECISIONS; DURATION MEASURE;

ECONOMICS;

EID: 0030154185     PISSN: 0013791X     EISSN: 15472701     Source Type: Journal    
DOI: 10.1080/00137919608967502     Document Type: Article

References (7)

1. Blocher, E. and C. Stickney, "Duration and Risk Assessments in Capital Budgeting", Accounting Review (January 1979), pp. 180-188.
2. Boardinan, Calvin M., Walter J. Reinhart and Stephen E. Celec, "The Role of the Payback Period in Theory and Applications of Duration to Capital Budgeting," Journal of Business Finance and Accounting 9,4 (Spring 1982), pp. 511-522.
3. Cannaday, Roger E., Peter F. Colwell and Hiram Paley, “Relevant and Irrelevant Internal Rates of Return," The Engineering Economist, Vol. 32, No. 1(Fall 1986), pp. 17-38.
4. Durand, David, "Payback Period, Time Spread and Duration: Aids to Judgement in Capital Budgeting," Journal of Bank Research (Spring 1974), pp. 20-34.
5. Finch. J. Howard and John G. Fulmer, "The Use of Duration in Real Estate Capital Budgeting," Real Estate Finance (Fall 1993), pp. 75-79.
6. Hawley, David D. and R. Phil Malone, "The Relative Performance of Duration in the Capital Budgeting Selection Process," The Engineering Economist, Vol. 35, No. 1(Fall 1989), pp. 67-74.
7. Macaulay, Frederick R., Some Theoretical Problems Suggested by the Movements of Interest Rates, Bond Yield, and Stock Prices in the United Slates Since 1856. National Bureau of Economic Research, New York (1938).