Explain the Goals of Prophet and Tecumseh and Examine the Ideas

question 102

Essay

Explain the goals of Prophet and Tecumseh and examine the ideas they advanced to achieve those goals. How successful were they in achieving their objectives?

---

Definitions:

IRR

Internal Rate of Return; the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new plant, worthwhile.

Capital Rationing

In capital budgeting, the process of allocating available capital among projects to maximize total NPV.

IRR

The Internal Rate of Return; a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.