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What is a sunk cost? Is it relevant while evaluating a proposed capital budgeting project? Explain.
A sunk cost is a cash flow which has previously occurred, or that will take place, if a project is accepted or rejected. It is not relevant while evaluating a proposed project.
what are the arguments in favour of profit maximization?
Geographical Classification of Mutual Funds : Nations' boundaries provide territorial restrictions on the sale and purchase of mutual fund units or shares as is the case in com
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Answers
Development of the Market Until 1950s, T-Bills were issued by both the Central and State Governments and from 1950s, it is only the Central Government that is issuing Treasury
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