bstacles to discerning a precise hurdle rate ? In what ways might you adjust your hurdle-rate calculations to compensate for "real-world" imprecision?...

What are some obstacles to discerning a precise hurdle rate ? In what ways might you adjust your hurdle-rate calculations to compensate for "real-world" imprecision? What kinds of bias to the decision might those adjustments cause? Can you think of an instance when a capital project projection might satisfy the hurdle-rate requirements, but the project would be rejected anyway? What other criteria impact the decision?