Table of Contents

Preface The Power of Compounding and Gearing The Time Value of Money; Compounding and Discounting Investment Decision Making by Discounted Cash Flow Understanding the IRR and NPV Key Principles for DCF Practice Estimating Cash Flows Estimating the Required Return Short-Cut DCF Buy or Lease, and Leaseback Decisions Risk Analysis in Cash Flow Appraisal References and Bibliography Index.

About the Author

W.D.FRASER is Head of Department at the Department of Land Economics, University of Paisley, and author of Principles of Property Investment and Pricing (Palgrave Macmillan).