Cash Flow Estimation & Risk Analysis (Ch. 12) and Real Options & Other Topics in Capital Budgeting (Ch. 13)

1) How does refunding analysis compare to standard capital budgeting analysis?

2) What is the appropriate discount rate to use in refunding analysis? Why? 

Questions 1&2 should be at least 250 words together

 Discuss the Fed’s lending facility, which is called the discount window. should be 100 words 

Discuss the benefits of choosing the right discount rate. 100 words

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