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During the Specification Phase of the Life Cycle of Software,the

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During the specification phase of the life cycle of software,the programmer should specify what enhancements to the program are likely in the future.


Definitions:

Component Costs

The costs associated with each element or part of a product, project, or service, crucial for calculating the total cost or setting a price.

Investor Returns

The gain or loss on an investment over a specified period, usually expressed as a percentage of the investment's initial cost.

Capital Components

The various sources of funding a company uses to finance its operations, including debt, equity, and any hybrid instruments.

Cost of Capital

The essential return needed to justify the investment in a capital budgeting project, like constructing a new manufacturing facility.

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