Examlex
Discuss the political and social system in Europe in 1492.
Capital Budgeting
The process of planning and managing a company's long-term investments in major projects or assets.
Mutually Exclusive Projects
Projects where acceptance of one automatically excludes the acceptance of the other due to competing resources.
IRR
Internal Rate of Return; a metric used in capital budgeting to estimate the profitability of potential investments, representing the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
NPV
Net Present Value, a method used in capital budgeting to assess the profitability of an investment or project by calculating the present value of expected future cash flows minus initial costs.
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