Capital Budgeting
Self-Paced Overview
Capital Budgeting
Capital Budgeting
It was pointed out in the valuation of corporate securities overview that the value of an asset, whether financial or real, depends on the discounted value of cash flows over a relevant time horizon.
Capital budgeting deals with the valuation of real assets. Cash outflows at time 0 and net cash flows over the specified time horizon are taken into account in capital budgeting.
