Szora, Attila Tamas; Dobra, Iulian Bogdan - In: Annales Universitatis Apulensis Series Oeconomica 1 (2009) 11, pp. 44-44
The investment process is a complex economic process that implies risks. Allottingcapital resources in an investment project without using an adequate discount rate of the cashflows, which will take into account the evolution of the base leading rate of NBR (National Bank ofRomania), can lead to...