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Essay Questions What are the motives for capital budgeting. Discuss the steps involve in doing capital budgeting decisions. What is commercial paper? Discuss the advantages

Essay Questions

What are the motives for capital budgeting. Discuss the steps involve in doing capital budgeting decisions.
What is commercial paper? Discuss the advantages and limitation of commercial paper.
What is yield to maturity? Explain the three factors influencing the required rate of return.

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