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Abstract:
This paragraph is one of the partial results obtained while developing a research project entitled �Determinants of Investment in Medellin: A Local Study for a Pragmatic Application (1975-2003),� which main objective was to develop, evaluate, and structure the state-of-the-art of the discount rate from the descriptive and interpretative analyses of positive and negative variables of world models versus Colombian models and their application in investment projects. It is worth saying that during a search for information sources we found a wide range of data and a large amount of authors who address the discount rate and even raise some models which, from a financial point of view, can be applied to both national and international banks.
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