Lecture Financial markets and institutions (4/e) – Chapter 13
Lecture Financial markets and institutions (4/e) – Chapter 13
After studying chapter 13, you should be able to: Define the “riskiness” of a capital investment project; understand how cash-flow riskiness for a particular period is measured, including the concepts of expected value, standard deviation, and coefficient of variation; describe methods for assessing total project risk, including a probability approach and a simulation approach.