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Question :
(a) A project must have a useful purpose. Therefore, as a project is evaluated, the team should determine the requirements of the local community and industry. These requirements are often categorized as needs, desires and luxuries. Differentiate these three categories.
(b) During the beginning phases of a project, the project manager often prepares initial costs needed to complete a given item within the project and estimates for the time. Costs are normally subdivided in a variety of categories. Briefly describe the following categories:
(i) Direct Costs (ii) Variable Costs (iii) Fixed Costs (iv) Overhead Costs and Rates (v) Indirect Costs
Define the terms- Mergers and takeovers The terms takeovers and mergers are inter-related. When a company attains the majority of shares of another company, acquired company is
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We have seen computation of present value using single discount rate. But the right way to value a cash flow of a bond is to use multiple discount rates, i.e valuing th
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Optimal Portfolio Selection: The next step involves selecting the optimal portfolio. The strategic asset allocation will have overriding importance in pension fund management.
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