Journal of Finance
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Выпуски:
Опубликовано на портале: 15-11-2004
Seymour Smidt
Journal of Finance.
1979.
Vol. 34.
No. 3.
P. 675-688.
This paper considers some special problems that arise because the net present value
of a project cannot be determined with certainty in advance. One problem that will
be considered in this paper is whether the minimal acceptable forecast value should
be equal to zero or to some other number in order to maximize the expected net present
value of the projects that are accepted. The second problem concerns post-audits.
