Case Method originated in the 1920s and was initiated by Harvard Business School in the United States.At that time,it adopted a unique style of case study,which was based on real situations or events in business manag...Case Method originated in the 1920s and was initiated by Harvard Business School in the United States.At that time,it adopted a unique style of case study,which was based on real situations or events in business management,in this way,it is helpful to cultivate and develop students’active participation in class discussion.For investment students,specialized courses such as Investment Project Evaluation and corporate finance are concentrated in the upper grades,and in the freshman,sophomore phase has completed the Finance,finance,macroeconomics and other basic courses.On the basis of students’existing knowledge structure,the course“Investment Project Evaluation”needs to fully tap students’potential in learning and train students’practical problem-solving ability,to cultivate students’thinking ability of combining theoretical knowledge with practical cases,to avoid the teaching mode of“I tell you to listen”,and to guide students to think,analyze and solve problems actively.展开更多
The effectiveness of evaluating an investment project based on predicting cash flows depends on the uncertainty of its future cash flows. The remoter the cash flows are, the higher the uncertainty is. Because of this,...The effectiveness of evaluating an investment project based on predicting cash flows depends on the uncertainty of its future cash flows. The remoter the cash flows are, the higher the uncertainty is. Because of this, this paper suggests to discount cash flows by applying risky index of time （RIT）. Thus, the discount rate used to discount the distant cash flows is higher that the discount rate used to discount the near cash flows. By this systematic method, the risk caused by the uncertainty of future cash flows can be hedged in making investment decision. To a certain degree, this approach is reasonable in evaluating investment alternatives under uncertainty. Furthermore, the paper puts forward a practical approach on determining RIT in practice.展开更多
The index of payback period of dynamic investment is an improvement on index of payback period of static investment, which is the problem that the rules to evaluate the project are feasible or not. This paper proves t...The index of payback period of dynamic investment is an improvement on index of payback period of static investment, which is the problem that the rules to evaluate the project are feasible or not. This paper proves that rules shall be apt when using payback period of dynamic investment to evaluate the project feasibility under the condition of keeping the dynamic evaluation index to evaluate the same scheme and the consistent feasibility.展开更多
基金Achievement of teaching reform research project in Sichuan University of Science&Engineering[JG1963]。
文摘Case Method originated in the 1920s and was initiated by Harvard Business School in the United States.At that time,it adopted a unique style of case study,which was based on real situations or events in business management,in this way,it is helpful to cultivate and develop students’active participation in class discussion.For investment students,specialized courses such as Investment Project Evaluation and corporate finance are concentrated in the upper grades,and in the freshman,sophomore phase has completed the Finance,finance,macroeconomics and other basic courses.On the basis of students’existing knowledge structure,the course“Investment Project Evaluation”needs to fully tap students’potential in learning and train students’practical problem-solving ability,to cultivate students’thinking ability of combining theoretical knowledge with practical cases,to avoid the teaching mode of“I tell you to listen”,and to guide students to think,analyze and solve problems actively.
文摘The effectiveness of evaluating an investment project based on predicting cash flows depends on the uncertainty of its future cash flows. The remoter the cash flows are, the higher the uncertainty is. Because of this, this paper suggests to discount cash flows by applying risky index of time （RIT）. Thus, the discount rate used to discount the distant cash flows is higher that the discount rate used to discount the near cash flows. By this systematic method, the risk caused by the uncertainty of future cash flows can be hedged in making investment decision. To a certain degree, this approach is reasonable in evaluating investment alternatives under uncertainty. Furthermore, the paper puts forward a practical approach on determining RIT in practice.
基金This paper is supported by the National Natural Science Foundation of China （No.59579029）
文摘The index of payback period of dynamic investment is an improvement on index of payback period of static investment, which is the problem that the rules to evaluate the project are feasible or not. This paper proves that rules shall be apt when using payback period of dynamic investment to evaluate the project feasibility under the condition of keeping the dynamic evaluation index to evaluate the same scheme and the consistent feasibility.
