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After-Tax Cost
The actual cost of an investment or loan after accounting for taxation, representing the net expense to the investor or borrower.
Capital Budgeting
The process by which a business evaluates and selects long-term investments that are expected to generate profit or value over time.
Retaining Earnings
Retained earnings refer to the portion of net income that is kept by a company rather than being paid out to its shareholders as dividends.
External Equity
Funds raised from outside investors, including public offerings, private placements, and venture capital.
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