What question did this study set out to answer?

The aim is to address comments on the previous article related to Discounted Cash Flow.

A Note on Discounted Cash Flow Examples: A Reply.

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This reply addresses issues regarding precision and period length in Discounted Cash Flow examples, suggesting a reconsideration of methodologies.

The aim is to address comments on the previous article related to Discounted Cash Flow.
Response to specific comments raised in the prior article.
Discussion of precision in tables used for calculations.
Consideration of the implications of arbitrary period lengths.
Emphasizes the need for precision in calculations.
Highlights issues with the use of arbitrary period lengths in Cash Flow analysis.

Billy E. Goetz (1973) studied this question.

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This reply addresses issues regarding precision and period length in Discounted Cash Flow examples, suggesting a reconsideration of methodologies.