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Capital Budgeting: Financial Appraisal of Investment Projects Paperback – 21 August 2008
by
Don Dayananda
(Author)
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This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples. Risk analysis is extensively covered by the use of risk adjusted discount rate, certainty equivalent, sensitivity, simulation and Monte Carlo analysis. The NPV and IRR models are further applied to forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming technique. All calculations are extensively supported by Excel workbooks on the Web, and each chapter is well reviewed by end of chapter questions.
- ISBN-100521520983
- ISBN-13978-0521520980
- Edition1st
- PublisherCambridge University Press
- Publication date21 August 2008
- LanguageEnglish
- Dimensions16.99 x 1.98 x 24.41 cm
- Print length344 pages
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Product description
Book Description
This book explains the financial appraisal of capital budgeting projects.
About the Author
Don Dayananda is Senior Lecturer in Finance at the School of Commerce, Central Queensland University.
Richard Irons is Associate Professor of Economics in the School of Economics at the University of Queensland.
Steve Harrison is Senior Lecturer in the School of Natural and Rural Sustems Management at the University of Queensland.
John Herbohn is Lecturer in Finance in the School of Commerce, Central Queensland University.
Patrick Rowland is Senior Lecturer in the Department of Property Studies, Curtin University of Technology.
Richard Irons is Associate Professor of Economics in the School of Economics at the University of Queensland.
Steve Harrison is Senior Lecturer in the School of Natural and Rural Sustems Management at the University of Queensland.
John Herbohn is Lecturer in Finance in the School of Commerce, Central Queensland University.
Patrick Rowland is Senior Lecturer in the Department of Property Studies, Curtin University of Technology.
Product details
- Publisher : Cambridge University Press; 1st edition (21 August 2008)
- Language : English
- Paperback : 344 pages
- ISBN-10 : 0521520983
- ISBN-13 : 978-0521520980
- Dimensions : 16.99 x 1.98 x 24.41 cm
- Best Sellers Rank: 905,321 in Books (See Top 100 in Books)
- 1,627 in Corporate Finance (Books)
- 3,908 in Management Science
- 4,004 in Accounting
- Customer Reviews:
Customer reviews
4.7 out of 5 stars
4.7 out of 5
4 global ratings
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kia
5.0 out of 5 stars
A good source for learning capital budgeting
Reviewed in the United States on 21 November 2022Verified Purchase
This is an introductory book on capital budgeting which covers the main approaches on project valuation and appraisal through different examples. The part that I found very useful all the sections related to relevant costs in project valuation and also replacement versus new investment projects.