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QuestionsCategory: Valuation QuadrantDiscount rate for DCF model
Yancy Ong asked 5 years ago

Hi, to get the risk-free rate for Singapore context to calculate discounted cash flow, can I use the interest rate for the Singapore Savings Bonds as per the url below?
Should I add up 10 years interest% and divide by 10 to find the average interest rate? 
Thank you!

1 Answers
Victor Chng answered 5 years ago

Hi Yancy,
You can use the CPF special account rate of 4%.