Tax Changes to Keep in Mind for 2009

The US Tax Code, more exactly, United States Internal Revenue Code, Title 26 of the U.S. Code (26 USC) contains more than 3.4 million words.  Printed 60 lines per page,...

The Capital Budgeting

A number of factors combine to make capital budgeting decisions perhaps the most important ones financial managers and their...

Investment Evaluation Criteria

Three steps are involved in the evaluation of an investment: • Estimation of cash flows • Estimation of the required rate of return (the cast of capital) •...
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