Bank finance articles and tips

There are a lot of nuances to constructing a cash flow model which analysts run into when they employ their tools to estimate the NPV of an investment. There are the obvious things like whether the tool allows the correct data to be entered, and how the layout and variables of the model work. There are also the less obvious concerns like the calculation methods and whether you assume a step function or continuous rate function for discounting. This article discusses a few of the key things to consider along the way.