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The first menses is called the
Capital Budgeting
The process of assessing and planning for a company's long-term investment opportunities and expenditures to ensure profitability and expansion.
Certainty Equivalent Approach
A method used in capital budgeting and investment theory that adjusts the future cash flows of investments for risk, making them equivalent to certain cash flows with no risk.
Risky Projects
Investments or ventures with a high degree of uncertainty, offering the potential for high returns or significant losses.
Cash Flow Estimates
A projection of how cash is expected to flow in and out of a business over a given period of time, helping in financial planning and analysis.
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