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What are the main elements of capital budgeting decisions
There are three elements of capital budgeting decisions
(i) long-term assets and their composition
(ii) business risk complexion of the firm
(iii) concept and measurement of the cost of capital.
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explain for factors influencing design for dividend policies
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The management of Nelson plc wish to estimate their firm’s equity beta. Nelson has had a stock market quotation for only two months and the financial management feels that it would
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