Discount rate for government projects: the case of government real estate in Estonia. Diskonteerimismäära leidmine riiklikele investeerimisprojektidele Eesti riigi kinnisvara näitel

Discount rate for government projects: the case of government real estate in Estonia. Diskonteerimismäära leidmine riiklikele investeerimisprojektidele Eesti riigi kinnisvara näitel

Government often faces decisions, which concern choosing between projects carrying different risk level and timing of cash flows. For calculating government real estate investment discount rate, we can apply social opportunity cost approach and derived from that the capital asset pricing model (C...

Full description

Bibliographic Details
Main Authors: Priit Sander, Oliver Lukason, Kaia Kask
Format: Article
Language:deu
Published: Mattimar OÜ and Berliner Wissenschafts-Verlag GmbH 2012-01-01
Series:Eesti Majanduspoliitilised Väitlused
Subjects:
government projects
discount rate
real estate
CAPM
Online Access:http://ojs.utlib.ee/index.php/TPEP/article/view/437

Internet

http://ojs.utlib.ee/index.php/TPEP/article/view/437

Similar Items