Financing Cost of Construction Projects |
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Authors: | A. Warszawski |
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Affiliation: | Technion - Israel Institute of Technology |
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Abstract: | A recent contribution In the finance literature presents a goal programming solution to the problem of estimating the systematic risk (beta) of an operating division. The estimation problem is difficult, but the necessity of a reliable risk estimate is undeniable for sound capital budgeting decisions. This paper describes a method Introduced recently In the statistics literature for assessing the precision of the estimator. |
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