Applied Capital Budgeting with Cash Flow Dependencies*
提出一种评估重大资本投资变异性和可接受性的方法，不依赖模拟或正态分布假设，且允许现金流之间存在依赖关系，并附有示例。
ABSTRACT This article provides decision makers with a method of determining the variability and acceptability of a major capital investment. The model used here differs from previous models in that it does not use simulation, nor does it require a normal distribution for the cash flow component. Further, it has no restrictions on whether cash flows are dependent. An example of the technique is included.