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Valuation Using Discounted

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Preview of Discounting for Public Policy: Theory and Recent Evidence on the Merits of Updating the Discount Rate
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Discounting for Public Policy: Theory and Recent Evidence on the Merits of Updating the Discount Rate (201701_cea_discounting_issue_brief.pdf)

634 KBRuffini, KristaEN 16 pages
Weighing benefits and costs that take place over time requires discounting those amounts to present value equivalents, necessitating selecting a discount rate.
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