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Capital Budget
A budget allocating funds for major capital, or investment, projects, typically involving large sums of money and expected to generate returns over time.
Cost of Capital
The cost of funds used for financing a business, typically considered as the weighted average of both debt and equity costs.
Investment Opportunities
Options available to investors looking to allocate resources in a way that generates a financial return.
Mutually Exclusive
Decisions or events that cannot occur at the same time, implying that the selection of one precludes the selection of another.
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