Peterson, Pamela P. / Fabozzi, Frank J. Capital Budgeting Theory and Practice Frank J. Fabozzi Series
1. Edition - February 2002 55.90 Euro 2002. 244 Pages, Hardcover ISBN-10: 0-471-21833-2 ISBN-13: 978-0-471-21833-3 - John Wiley & Sons
Short description Capital Budgeting is one of the most important and sometimes most difficult parts of financing. Capital Budgetingconfronts this complicated issue by exploring the theories and practices of capital budgeting. It also provides basic and advanced coverage of the long-term and short-term implications of different capital budgeting strategies, including a special look at the lease versus buy decision.
From the contents About the Authors.
Preface.
SECTION I: MAKING INVESTMENT DECISIONS.
The Investment Problem and Capital Budgeting.
Cash Flow Estimation.
Integrative Examples and Cash Flow Estimation in Practice.
SECTION II: CAPITAL BUDGETING EVALUATION TECHNIQUES.
Payback and Discounted Payback Period Techniques.
Net Present Value Technique.
Profitability Index Technique.
Internal Rate of Return Technique.
Modified Internal Rate of Return Technique.
Comparing Evaluation Techniques and Some Concluding Thoughts.
SECTION III: CAPITAL BUDGETING AND RISK.
Measurement of Project Risk.
Incorporating Risk in the Capital Budgeting Decision.
SECTION IV: ANALYZING THE LEASE VERSUS BORROW-TO-BUY PROBLEM.