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When such a decision is made, the firm is commit-ted to a current and possibly future outlay of funds. In Section II, Peterson and Fabozzi cover the techniques for evaluating capital budgeting proposals and for selecting projects.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.