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In the context of capital budgeting, the intent is to make decisions that help maximize firm value. Most of the examples given are revenue-generating projects.
In the context of capital budgeting, the intent is to make decisions that help maximize firm value. Most of the examples given are revenue-generating projects. However, not all projects are. What information would you need to make a decision about a cost-saving project and how would the application of various capital budgeting decision criteria differ?
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