AN ANALYSIS OF THE USE OF DISCOUNTED CASH FLOW METHODS
AND REAL OPTIONS TO VALUE FLEXIBILITY IN REAL ESTATE DEVELOPMENT PROJECTS
(Sprache: Englisch)
Surveys of firms outside the property sector indicate the growth in the use of DCF methods such as the NPV and IRR methods to evaluate projects as compared to the use of such naïve methods as Payback and the Accounting rate of return. The growing...
Leider schon ausverkauft
versandkostenfrei
Buch
50.40 €
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenlose Rücksendung
Produktdetails
Produktinformationen zu „AN ANALYSIS OF THE USE OF DISCOUNTED CASH FLOW METHODS “
Klappentext zu „AN ANALYSIS OF THE USE OF DISCOUNTED CASH FLOW METHODS “
Surveys of firms outside the property sector indicate the growth in the use of DCF methods such as the NPV and IRR methods to evaluate projects as compared to the use of such naïve methods as Payback and the Accounting rate of return. The growing convergence of theory and practice is indicated by the growing use of the NPV method. The objective of this study is to determine the capital budgeting methods used to evaluate real estate development projects and to compare the results of a survey with the results of other studies. The thesis finds that that over 90% of all respondents are using a combination of NPV and IRR methods most often to evaluate development opportunities. Interestingly, 85% of all respondents are also using the payback period. Other methods used are the profitability index, residual value, free cash flow, economic value, and return on equity. Developers have adopted DCF methods such as NPV and IRR as the primary methods to evaluate projects rather than naïve methods such as Payback and ARR, although these latter methods remain in use. The use of decision tree analysis and real option analysis is very limited
Bibliographische Angaben
- Autor: Michael Bauer
- 2009, 104 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: LAP Lambert Academic Publishing
- ISBN-10: 383831381X
- ISBN-13: 9783838313818
Sprache:
Englisch
Kommentar zu "AN ANALYSIS OF THE USE OF DISCOUNTED CASH FLOW METHODS"
Schreiben Sie einen Kommentar zu "AN ANALYSIS OF THE USE OF DISCOUNTED CASH FLOW METHODS".
Kommentar verfassen