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This book is a practical guide to the application of discounted cash flow for second and third year undergraduates on property management courses and would also be useful for practising chartered surveyors and those involved in the property business. Good practice requires an understanding of the underlying concepts and rationale as well as the principles, criteria and practical issues which inform the estimation of cash flows and choice of discount rate. This book draws on relevant financial theory to provide the reader with the extent and quality of understanding required to support good practice.

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Book Details

ISBN: 9780333946411
ISBN-10: 0333946413
Format: Paperback
(234mm x 156mm x 11mm)
Pages: 192
Imprint: Palgrave Macmillan
Publisher: Palgrave Macmillan
Publish Date: 2-Feb-2004
Country of Publication: United Kingdom


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Author Biography - W.D. Fraser

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).