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Volumn 2, Issue 2, 1996, Pages 157-167

Arithmetic versus geometric mean estimators: Setting discount rates for capital budgeting

Author keywords

Arithmetic mean; Capital budgeting; Discount rates; G120; G310; Geometric mean

Indexed keywords


EID: 17744389436     PISSN: 13547798     EISSN: 1468036X     Source Type: Journal    
DOI: 10.1111/j.1468-036X.1996.tb00036.x     Document Type: Article
Times cited : (35)

References (16)
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    • Blume, M.E.1
  • 6
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    • The investment decision: Estimation risk and risk adjusted discount rates
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    • Butler, J. S. and Schachter, B., ‘The investment decision: Estimation risk and risk adjusted discount rates’, Financial Management, Winter, 1989, pp. 13–22.
    • (1989) Financial Management , pp. 13-22
    • Butler, J.S.1    Schachter, B.2
  • 7
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  • 10
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    • Variance bounds tests and stock price valuation models
    • Kleidon, A. W., ‘'Variance bounds tests and stock price valuation models’, Journal of Political Economy, Vol. 94, pp. 953–1001.
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    • Kleidon, A.W.1
  • 13
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    • Monopolies and Mergers Commission (UK), Scottish Hydro-Electric plc (London: HMSO, 1995).
    • (1995) Scottish Hydro-Electric plc
  • 15
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    • Ross, S. A. and Westerfield, R. W., Corporate Finance (St. Louis, Mo.: Times Mirror/ Mosby College Publishing, 1988).
    • (1988) Corporate Finance
    • Ross, S.A.1    Westerfield, R.W.2
  • 16
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* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.