TY  - JOUR
AB  - Managerial finance has become a modern professional discipline with a coherent theory and a growing body of statistical research in support of the theory. Finance faculty in leading business schools around the world are now actively engaged in making the modern theory accessible to executive participants in post‐experience educational programmes. What makes the modern theory of finance exciting is the simplicity and the authority with which issues of concern to management today can be resolved. One of the areas of interest where answers to old questions are being found is in the estimation of discount rates or required rates of return for capital projects.
VL  - 2
IS  - 2
SN  - 0307-4358
DO  - 10.1108/eb013376
UR  - https://doi.org/10.1108/eb013376
AU  - Broyles Jack
AU  - Franks Julian
PY  - 1976
Y1  - 1976/01/01
TI  - Capital Project Appraisal: A Modern Approach
T2  - Managerial Finance
PB  - MCB UP Ltd
SP  - 85
EP  - 96
Y2  - 2024/04/19
ER  -