Capital Budgeting Any capital budgeting process consists of three elements: coming up with proposals for investment projects evaluating them -deciding which ones to accept and which to rejec
Chapter 4 Contents Compounding Perpetual Annuities Frequency of Compounding Loan Amortization Present Value and Exchange Rates and Time Discounting Value of Money Alternative Discounted Inflation and Discounted Cash Flow Decision Rules Cash Flow Analysis Multiple Cash Flows Taxes and Investment Annuities