LFC
04-16-2002, 12:13 AM
Hi all,
could anyone clarify exactly when the borrowing rate should be reduced to the after-tax borrowing rate when discounting.
the text talks about "safe, nominal cash flows like depreciaton" .....but is there anything else we should look out for..for example, how about a 1-time repayment of a loan?
thanks.
could anyone clarify exactly when the borrowing rate should be reduced to the after-tax borrowing rate when discounting.
the text talks about "safe, nominal cash flows like depreciaton" .....but is there anything else we should look out for..for example, how about a 1-time repayment of a loan?
thanks.