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Traditional Capital Budgeting Techniques
These techniques are usually very simple and easily catchable. But the fundamental drawback of these methods is that they don't consider the time value of money. But in many industries where an instant decision is to be taken, these techniques offer the quicker way out. There are generally two techniques under this category of methods. That is - Accounting rate of return and Payback period.
An asset-backed security is a type of bond or note that is based on a pool of assets, or collateralized by the cash flows from a specified pool of underlying assets. As
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