Discussion – (Mis)Use of Monte Carlo Simulations in NPV Analysis – Mining Engineering, Vol. 47, No. 1, Jan 1995 pp.75-79 – Davis, G. A.

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 2
- File Size:
- 18 KB
- Publication Date:
- Jan 1, 1995
Abstract
In his paper, Davis presents an overview of risk. He also introduces the Capital Asset Processing Model (CAPM) as a foundation for selecting the appropriate discount rate for a mining project. While applying portfolio theory is more defensible than the ad hoc adjustment of discount rates, the CAPM is not a panacea.
Citation
APA:
(1995) Discussion – (Mis)Use of Monte Carlo Simulations in NPV Analysis – Mining Engineering, Vol. 47, No. 1, Jan 1995 pp.75-79 – Davis, G. A.MLA: Discussion – (Mis)Use of Monte Carlo Simulations in NPV Analysis – Mining Engineering, Vol. 47, No. 1, Jan 1995 pp.75-79 – Davis, G. A.. Society for Mining, Metallurgy & Exploration, 1995.