Spring 2008 issue of the Expert Witness newsletter (volume 13, issue 1)
The Discount Rate Revisited (Spring 2008)
- This article reports on our latest survey of discount rates. We conclude that no changes to our existing discount rate assumptions are warranted, though a reduction in our long-term rate may be necessary in the future if the observed long-term rates remain significantly lower than our assumed rate.
Mathematical Mistake: Averaging Multiple Statistical Sources Together to Form One “Overall” Average Income Figure
- In this article Laura Weir discusses an error that can occur by averaging multiple sources of statistical data in an attempt to obtain an overall average that is superior in quality to the individual averages.