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Development appraisals

By: Language: English Series: IRRV Journal ; December 1993, 294-295(2)Publication details: 1993Subject(s): Summary: Criticises the residual method of valuation for development appraisal and suggests methods of testing this approach. Discounted cash flow techniques are given as a means of ascertaining profitability of a scheme.

Criticises the residual method of valuation for development appraisal and suggests methods of testing this approach. Discounted cash flow techniques are given as a means of ascertaining profitability of a scheme.