a simulation approach to the valuation of capital budgeting projects

this by estimating the value of several cases of an investment project that .... The NPV criterion is useful when valuing simple projects, as it does ...

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Feb 3, 1999 - I. Introduction. Many projects have ancillary cash flows that are caused by the project but that are not part of the project's normal operating cash flows. We define these unusual, irregular, or extraordinary cash flow as “non-operati

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