TY  - GEN
AU  - SENGUPTA, SABYSACHI
TI  - Resort to adjusted present value
PY  - 2013///
KW  - BANKING
N2  - Discounted Cash Flow (DCF) based models are widely used while evaluating viability/feasibility of capital investment proposals. Academicians normally promote promote the conceptually superior Net Present Value (NPV) rule, while a number of practicing managers still resort to the Internal Rate of Return (IRR) and Discounted PAy Back (DPB) techniques for evaluating capital investment options despite the conceptual limitations inherent in such techniques
ER  -