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Capital Budgeting: Financial Appraisal of Investment Projects

Chia sẻ: Nguyen Lan | Ngày: | Loại File: PPT | Số trang:13

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Chapter 1 introduces the concept of capital budgeting, and sets out the structure of the book. The important points are: Capital budgeting is the most significant financial activity of the firm. Capital budgeting determines the core activities of the firm over a long term future. Capital budgeting decisions must be made carefully and rationally.

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