You're a man of many parts Moose!
I have sat the exam, and there were no real surprises thank goodness.
Loads of ratios to work through and returns of equity, not to mention a
bit of currency stuff, all in a very short time it seemed ...
... back to do a bit of photography now ;-)
Chris
~~ >-)-
C M I Barker
Cambridgeshire, Great Britain.
+44 (0)7092 251126
www.threeshoes.co.uk
homepage.mac.com/zuiko
On 26 Apr 2005, at 10:27, Moose wrote:
> Chris Barker wrote:
>
>> It was my hurdle rate for camera project investment; strangely,
>> though,
>> I keep reducing it until any project becomes affordable ... ;-)
>>
>>
> Fortune 500 companies do that too, although they generally change
> assumptions less obvious than the discount rate.
>
> Moose
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