Letter 2 -- No Title

An earlier issue carried an article by Sartoris and Paul on lease evaluation. Professor Peter Bacon of Wright State University observes in the following letter that supposition of a maintenance agreement raises the question of appropriate discount rate given its certainty in a lease contract and exp...

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Bibliographic Details
Published inFinancial management Vol. 2; no. 4; p. 6
Main Author Bacon, Peter W
Format Journal Article
LanguageEnglish
Published Tampa Financial Management Association International 01.01.1973
Subjects
Agreements
Capital budgeting
Debt financing
Discount rates
Expenditures
Financial management
Leasing
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Summary:An earlier issue carried an article by Sartoris and Paul on lease evaluation. Professor Peter Bacon of Wright State University observes in the following letter that supposition of a maintenance agreement raises the question of appropriate discount rate given its certainty in a lease contract and expected but uncertain value in a comparative ownership option.
ISSN:0046-3892
1755-053X