Browsing USN Open Archive by Author "Emhjellen, Magne"
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Investment cost estimates and investment decisions
Emhjellen, Kjetil; Emhjellen, Magne; Osmundsen, Petter (Journal article; Peer reviewed, 2002)When evaluating new investment projects, oil companies traditionally use the discounted cashflow method. This method requires expected cashflows in the numerator and a risk-adjusted required rate of return in the denominator ...