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A Note on Discounted Cash Flow Examples: A Reply.

Billy E. Goetz

Professor of Accounting, Florida Atlantic University. 1

The Accounting Review 1973

Presents a reply to a comments made on the article "A Problem in Discounted Cash Flow," published in an earlier issue of the journal "The Accounting Review." Problem of the precision required in the tables one uses to expedite his calculations; Improbability of the instances predicting losses in some periods, to secure the alternating signs that signal the possibility of multiple interest rates; Statement that using one year as a period length is arbitrary.

DOI
10.2308/tar-4484053
Volume
48 (1)
Pages
135-136
Language
en
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