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Discuss one (or a few) of the basic concepts of capital budgeting such as independent vs. mutually exclusive, capital rationing, sunk costs, opportunity costs, cash

Discuss one (or a few) of the basic concepts of capital budgeting such as independent vs. mutually exclusive, capital rationing, sunk costs, opportunity costs, cash flow patterns, etc. Why are they important for the investor to factor into the decision-making process?

must be 125 word minimum

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