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Financial Management - Chapter 12

Chia sẻ: Huỳnh Công Danh | Ngày: | Loại File: PPT | Số trang:47

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Financial Management - Chapter 12

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Basic Skills: (Time value of money, Financial Statements) Investments: (Stocks, Bonds, Risk and Return) Corporate Finance: (The Investment Decision - Capital Budgeting) For Investors, the rate of return on a security is a benefit of investing. For Financial Managers, that same rate of return is a cost of raising funds that are needed to operate the firm. In other words, the cost of raising funds is the firm’s cost of capital.

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