8.5 Financial Concepts and Methods of Appraisal (a)(Duplicate)
By the end of this lesson you will have learned about: Money and time Methods of investment appraisal Total cost of ownership (Accounting rate of return – ARR) optional Payback period 1. Money and time The future is uncertain One of the more difficult aspects in understanding the economic implications of decisions is […]
Footnotes
- Swan, J. 2005. Practical Financial Modelling. CIMA Publishing.
- Failure to do this in models used to assess the risks of complex financial products are considered to have been a contributory factor to the global financial crisis.
- For an explanation of the Monte Carlo method see: https://en.wikipedia.org/wiki/Monte_Carlo_method
- Empire State Building website: https://www.esbnyc.com/esb-sustainability/project