Discover the key differences between the cost of capital and the discount rate in estimating required returns for projects or investments.

Two recent studies construct new datasets to estimate the social and private returns to infrastructure investment in EMDEs. The researchers find that the median social rate of return to building an ...

Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...