DCF for Capital Projects in Condo Association

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DCF for Capital Projects in Condo Association
Vladimir Shnaydman
QUESTION: Hi, Condo association is planning roof replacement ten years from now. Today estimations are $1M. Should discounting be applied to this project? It means that future cost of the project would be 1M/(1+disc. rate)^10. Is it correct? Thank you.

DCF for Capital Projects in Condo Association
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