The authors are, respectively, Associate Professor of Business Administration, Graduate School of Business, Stanford University, and Assistant Professor of Finance, Sloan School of Management, Massachusetts Institute of Technology.
CONCEPTUAL PROBLEMS IN THE USE OF RISK-ADJUSTED DISCOUNT RATES*
Article first published online: 30 APR 2012
1966 The American Finance Association
The Journal of Finance
Volume 21, Issue 4, pages 727–730, December 1966
How to Cite
Robichek, A. A. and Myers, S. C. (1966), CONCEPTUAL PROBLEMS IN THE USE OF RISK-ADJUSTED DISCOUNT RATES. The Journal of Finance, 21: 727–730. doi: 10.1111/j.1540-6261.1966.tb00277.x
This study was supported, in part, by funds made available by the Ford Foundation to the Graduate School of Business, Stanford University. The conclusions, opinions, and other statements in this paper are those of the authors and are not necessarily those of the Ford Foundation.
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012