Risk,DCF and CEQ
w The prior example leads to a generic certainty
equivalent formula.
t
ft
tt
rCEQ
rC
PV
( 1 ) ( 1 + )=
+=
barry
(Barry)
#1
Risk,DCF and CEQ
w The prior example leads to a generic certainty
equivalent formula.
t
ft
tt
rCEQ
rC
PV
( 1 ) ( 1 + )=
+=