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Successful late movers tend to be large firms with considerable resources and related experience.
Discount Rate
An interest rate used to discount future cash flows to their present value, often applied in capital budgeting and investment valuation.
Working Capital
A financial metric representing the difference between a company's current assets and current liabilities, indicating its short-term liquidity.
Salvage Value
The calculated leftover value of an asset at the expiry of its service life.
Straight-Line Method
A depreciation method that allocates an equal amount of depreciation expense for an asset over its useful life.
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