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Capital budgeting

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18 October 2013 why we calculate present value of future cash inflows and compare with initial cash outflow to find net present value



financial management ipcc group 1
chapter-capital budgeting
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
18 October 2013 to make level playing ground for inflow and out flow

in simple language, to take consideration of opportunity cost (cost of inflation)of present value
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