登入
選單
返回
Google圖書搜尋
A Comparison of Oil Project NPV's in the North Sea Obtained Using the Weighted Average Cost of Capital Discounting Method and a Modern Asset Pricing Method
Magne Emhjellen
Chris M. Alaouze
出版
School of Economics, University of New South Wales
, 1999
ISBN
073340670X
9780733406706
URL
http://books.google.com.hk/books?id=k-g1PQAACAAJ&hl=&source=gbs_api
註釋
This paper examines the difference in the net present values (NPV's) of North sea oil projects obtained using discounted cashflow methods based on the Weighted Average Cost of Capital (WACC) and a Modern Asset Pricing (MAP) method. The WACC method is currently used by oil companies and it is therefore useful to see if the MAP method calculates significantly different oil project NPV's than the WACC method, and whether the MAP method should be recommended as a replacement to the WACC method.
