Cost of Capital Discounted Cash Flow Finance Present Value 
Harvard Business Review
MARCH 10, 2011
To make sure they're comparing apples to apples, they discount those future cash flows to arrive at their net present value. It's the opening paragraph of a Harvard Business Review article called "What's Your Real Cost of Capital?" That paragraph isn't my own writing. by James J. McNulty, Tony D.
Harvard Business Review
JUNE 18, 2015
In a survey of 79 PE firms managing more than $750 billion in capital, we provide granular information on PE managers’ practices and how firms’ strategies relate to the characteristics of their founders. In particular, we are interested in how many of their responses correlate with what academic finance knows and what it teaches.
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