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The document discusses capital budgeting and various techniques used to evaluate capital investment projects. It begins by defining capital budgeting and its key features. It then discusses the criteria and process used to make capital budgeting decisions. Several examples are provided to illustrate how to calculate cash flows for single, replacement, and mutually exclusive investment projects. Traditional non-discounting techniques like payback period and accounting rate of return are explained along with

Author

Subhadeep Basu

Language

EN