How should managers compare two mutually exclusive projects of unequal size? Should the approach change if capital
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Capital Rationing
Capital rationing is the act of placing restrictions on the amount of new investments or projects undertaken by a company. Capital rationing is the decision process used to select capital projects when there is a limited amount of funding available....
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Without capital rationing when two mutually exclusiv...View the full answer
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Related Book For 
Foundations Of Finance
ISBN: 9780134083285
9th Edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty
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