(v5700.05) Midperiod Discount Factor (Economic Profit RROC)

While the Discount Factor (v5700.01) assumes that the Economic Profit (v5700) of a firm is received at period end, the Mid-Period Discount Factor (v5700.05) assumes that this profit (on average) occurs midpoint in the period, a more realistic assumption, because transactions that create profits occur throughout a given period.