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Why investment decision depend on financing decision
All these decisions interact, investment decision cannot be taken without taking the financing decision, working capital decision also requires financing, and dividend decision is apay-out mechanism and has to be taken care of from financing. These tasks are divided and are taken care of by different entities.
What is the time value of money? The meaning of time value of money is that money you hold in your hand today is worth much more than money you suppose to receive in the future
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