Determine the advantages of explicit cost, Financial Management

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Determine the advantages of explicit cost

Explicit cost of an interest bearing debt will be the discount rate which equates present value of the contractual future payments of interest and principal with the netamount of cash received today. Explicit cost of capital of a gift is minus 100 percent, because no cash outflow will occur in future.

 


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Definition, what is financial management?

what is financial management?

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