Fundamental Differences of the Discount Rate
The lecture points out the contradiction, which hides behind the yield requirements interpreted by the ‘shareholder aspect’ and the opportunity cost resting on microeconomic bases. The economic literature was consistent for a long time in the question that the time-value of invested money is indepe...
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| Format: | Article |
| Language: | English |
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University of Miskolc
2002-02-01
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| Series: | Theory, Methodology, Practice |
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| Online Access: | https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1293 |