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Arbore Co

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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August 29, 2019 at 1:03 pm #543705
toushiga
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- Topics: 424
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Hello tutor, For Dec 2012 Q4 part (b)
The constraint can be included with the present value rather than cash flows? like Y1 to Y5 discounted by 11%?
Thanks.
August 29, 2019 at 4:26 pm #543728
John Moffat
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No – the constraints are the actual cash availability.
Please do watch my free lectures on multi-period capital rationing.
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