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link 15.02.2008 11:41 |
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Subject: adjustment of the hurdle rate Пожалуйста, помогите перевести adjustment of the hurdle rateКонтекст: All the value ranges are aggregated to obtain one value range covering the whole spectrum of possible bottom-line outcomes. This range represents the overall investment risk. This risk representation is converted into an adjustment of the hurdle rate that is used in programme appraisal (e.g., decision making based on NPV or IRR). The size of this adjustment is often quite large (a multiple of the risk-free rate). заранее благодарна |
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