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capital budgeting

Module 20.3 LOS 20.h: Economic Income in capital budgeting

May 17, 2019 by CFA Study Guide
CFA Financial Analysis & Reporting

A project’s economic income is the after-tax cash flow plus the change in the investment’s market value. Interest is ignored for cash …

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Module 20.1 LOS 20.a: Expansion/Replacement Project Initial Cash Outlay Calculation

April 30, 2019 by CFA Study Guide
CFA Corporate Finance

Capital projects can be broken down into three main incremental cash flows, the initial investment outlay, the operating cash flows …

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