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What is the typical financial objective of the firm

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Reference no: EM131680322

Why should cash to be received in the future be considered worth less than the same amount of cash received now?

What is the typical financial objective of the firm?

Why is capital budgeting essential for achieving that objective?

What does the word capital imply when used in the "capital budgeting" connotation?

Reference no: EM131680322

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