This paper discussed the determination of basic discount rate for evaluation of investment project according to different sources of funds and dif-ferent cost of funds.

• 在社会主义市场经济下，应当根据企业的不同情况、不同资金来源和不同的筹资成本来确定用以评价投资项目的基准贴现率。本文就此举实例进行了探讨。