Capital Budgeting shows you how to confront capital investment decisions using state-of-the-art techniques. Broken down into four comprehensive sections, Capital Budgeting explores and illustrates all aspects of the capital budgeting decision process. Capital Budgeting provides knowledge, insight, and advice that will allow you to handle one of the most important aspects of your firm's financial management. Advanced enough for practitioners yet accessible enough for the novice, this book is your complete guide to understanding and benefiting from the essential techniques of capital budgeting.