Evaluation of investment projects by DCF method - selected problems Cover Image

Ocena projektów inwestycyjnych metodą DCF – wybrane problemy
Evaluation of investment projects by DCF method - selected problems

Author(s): Krzysztof Siekierski, Katarzyna Kostyk-Siekierska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: net present value (NPV); internal rate of return (IRR); discounted cash flow (DCF)

Summary/Abstract: Timing of cash flows is an important element influencing final evaluation of the project using complex methods based on the DCF. Adoption of annual flows and annual percentage rate in this situation may lead to different results compared to a calculation of the monthly flow. The article discusses whether these differences are significant enough to calculate the NPV or IRR as the basis for more detailed data.

  • Issue Year: 2012
  • Issue No: 251
  • Page Range: 305-317
  • Page Count: 13
  • Language: Polish