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Lecture Fundamentals of corporate finance - Chapter 9: Net present value and other investment criteria

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In chapter 1 we identifi ed the three key areas of concern to the financial manager. The first of these involved the question: What fixed assets should we buy? We called this the capital budgeting decision. In this chapter, we begin to deal with the issues that arise in answering this question. | Lecture Fundamentals of corporate finance - Chapter 9 Net present value and other investment criteria