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发帖数: 767 | 2 Looked up capital budgeting, and now I understand it in this way:
The qualitative investment is subject to financing because management does
not have money on hand, so management cannot count the quantity. They
consider the investment to see if it's worth of fiancing. Manement, on the
contraray, uses discounted rate for NPV to consider an investment, which is
more about quantity desirable investment.
Please feel free to comment. Thanks! |
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