Strategic Financial Management Exercises

It is a basic assumption of finance theory, taught as fact in Business Schools and advocated at the highest level by vested interests, world-wide (governments, financial institutions, corporate spin doctors, the press, media and financial web-sites) that stock markets represent a profitable long-term investment. Throughout the twentieth century, historical evidence also reveals that over any five to seven year period security prices invariably rose.

Từ khóa: Investment Decision, Capital Budgeting , Certainty, uncertainty, Finance Decision, Case for NPV