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The suitability of the perpetuity rate of return as a project evaluation criterion.

Authors :
Hajdasinski, Miroslaw M.
Source :
Engineering Economist. Summer93, Vol. 38 Issue 4, p309. 11p. 2 Graphs.
Publication Year :
1993

Abstract

Discusses the Perpetuity Rate of Return (PRR) criterion for evaluating investment projects. Introduction of PRR by K.M. Howe; Unsuitability of PRR as project evaluation criterion; Incompatibility for non-positive market interest rates.

Subjects

Subjects :
*RATE of return

Details

Language :
English
ISSN :
0013791X
Volume :
38
Issue :
4
Database :
Academic Search Index
Journal :
Engineering Economist
Publication Type :
Academic Journal
Accession number :
9411103528