Lecture Fundamentals of financial management: Chapter 13 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
Lecture Fundamentals of financial management: Chapter 13 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
Once we have determined the relevant cash-flow information necessary to make capital budgeting decisions, we need to evaluate the attractiveness of the various investment proposals under consideration. The investment decision will be to either accept or reject each proposal. In this chapter we study alternative methods of project evaluation and selection. In addition, we address some of the potential difficulties encountered in trying to implement these methods.