Contents and Preface
Chapters
Introduction
Basic Concepts of Capital Investment
Compound Interest Formulas and Applications
Discounted Cash Flows and Rates of Return
The Economic Feasibility of Independent Projects
Comparison of Mutually Exclusive Proposals
The Benefit-Cost Ratio Method
The Internal Rate of Return Method
Capital Budgeting
Price Level Changes
Depreciation
Corporate Taxation
Production Cost and Benefit Estimation
Financial Statements
Uncertainty and Risk
Capital Investment Decisions in Private Firms
Resource Allocation Decisions for Public Projects
Appendix A – Discrete Compound Interest Tables Appendix B – Basic Factors for Continuous CompoundingAppendix C – Continuous Compound Interest TablesAppendix D – Use of Electronic Spreadsheets as Computational AidsAppendix E – Table of Standard Normal Probability Distribution
Answers to Selected ProblemsIndex