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Competitive market forces make it imperative for a firm to have a systematic strategy for generating capital-budgeting projects.
Total
The sum of values or items added together, representing the overall amount or quantity.
Months
Units of time, approximately 1/12th of a year, used in calendars to segment time.
Maturity Value
The total amount that will be paid to the investor at the end of a fixed-income investment's life.
Months
Units of time, each roughly equivalent to one twelfth of a year, used in planning and organizing.
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