north corporation

发布时间:


Basedontheaboveanalysis,sinceithasapositiveNPV,itshouldbeaccepted.
Butotheraspectsshouldbeconsideredbeforeacceptingthisproject.(1limitationsoftheabovecalculation---CAPM
*Itassumeswell-diversifiedinvestorspayattentiononlytothesystematicriskofeachsecurity.Butinrealworld,unsystematicriskcannotbecompletelydiversifiedaway.
*theresultissensitivetotheestimatesofbeta,marketriskpremiumandrisk-freerate.Buttheseestimatescanalsobebasedondifferentassumptions.----NPV
*differentestimatesofcashflowscanhavedifferentNPVs*differentdiscountratesusedcanhavedifferentNPVs
(2Otherfinancialinformationandnon-financialinformation---sensitivityanalysisandbreakevenanalysis---paybackinformation
---strategicvalueoftheproject
---legalandsocialeffectsofthisprojectetc.



north corporation

相关推荐