The problem of capital budgeting; Illustrating the measures of investment worth; Present value versus rate of return; The meaning of present value; Classifying

Capital investment decisions are a constant challenge to all levels of financial managers. Capital Budgeting: Theory and Practice shows you how to confront them

Fully updated and revised by international authorities on the topic, this new version of a classic and established text returns to its roots as a clear and conc

This book covers the fundamentals of financial management and investment management without getting into the highly technical topics and mathematical rigor. It