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When a firm chooses to increases its capital budget, the less profitable projects it would choose rather than the ones picked out initially. How do
"When a firm chooses to increases its capital budget, the less profitable projects it would choose rather than the ones picked out initially. "How do we rank projects; what are the models we use to decide which projects to initially choose?
If the goal of management is to maximize shareholder wealth, how can a corporation excuse look at anything other than the bottom line?
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