Risk Analysis and Uncertainties in Capital Investment Appraisal: Application of Monte Carlo Simulation
Every business decision involves risk and decision-making has become increasingly more complex today because of uncertainty. Since capital investment is a long-term function, it becomes obvious that the further into the future plans are made the more uncertain are the outcome. It is expected that only top management will be equipped with the management skills to predict the future with some...
Published at The Certified National Accountant
Pages 25 - 31
Published in 2012
Okoye, Lawrence Uchenna and Francis Arinze Okoye
OKOYE LAWRENCE UCHENNA » EDUCATIONAL QUALIFICATIONS: Doctor of Philosophy (Ph.D), Banking & Finance (Awka), 2014. Master of Business Administration (MBA), Banking & Finance (UNN), 2006. Postgraduate Diploma (PGD), Economics (ESUT), 2005. Master of Business Administration (MBA), Marketing (UNN), 2003. Postgraduate Diploma (PGD), Marketing (UNN), 1998. Higher National Diploma (HND), Finance (IMT, ENUGU),... view full profile