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The Largest Risk (and Opportunity) Investors Are Ignoring

Harvard Business Review

Tackling climate change — and thus keeping the world inhabitable — is an achievable goal, but it will become prohibitively expensive if we wait to act. This is the key message from a leaked United Nations study that The New York Times reported on last week. coal market.

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Why Sit on All that Cash? Firms Uncertain on Cost of Capital

Harvard Business Review

Fully 79 percent of companies, including 91 percent with annual revenues greater than $1 billion, use discounted cash flow techniques. There is less consistency, however, in how organizations estimate cash flows and determine the weighted average cost of capital at which those cash flows are discounted.