Explain what capital budgeting is and each of the various


Problem

Explain what capital budgeting is and each of the various methods used to evaluate projects. Discuss the similarities between a firm's capital budgeting decisions and an individual's investment decisions. Discuss the difference between independent and mutually exclusive projects. Explain the difference between normal cash flows and non-normal cash flows.

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Corporate Finance: Explain what capital budgeting is and each of the various
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