How to discount cashflow with time-varying expected returns
By: Andrew Ang, Jun Liu.
Contributors: Liu, Jun.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 10042.; Working paper series (National Bureau of Economic Research) -- working paper no. 10042.
Publisher: National Bureau of Economic Research
Published: 2003
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 42
Subjects: Cash management; Cash flow; Risk
Notes: "October 2003."

Includes bibliographical references.

Also available in PDF from the NBER world wide web site (www.nber.org).