Jensen, Michael C., and Martin J. Bailey. "Risk and the Discount Rate for Public Investment." In Studies in the Theory of Capital Markets, edited by M. C. Jensen. New York: Praeger, 1972.
However, the process is complicated, typically involving two distinct rates: a consumption discount rate for future consumption, reflecting individual time preferences, and a higher investment ...
In the final part of Jean-Louis Roux Dit Buisson’s trilogy, he discusses how pharma companies can estimate their discount rates, looking at risk premiums. There is a lot of terminology confusion ...
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Kate Donachie is Legal Director, Brodies The adjustment is referred to as the Personal Injury Discount Rate. If the rate is positive, as it was between 2001 and 2017, it decreases the lump sum.