财务管理军ch06资本预算.pptVIP

Chapter 06 Capital Budgeting Techniques 资本预算方法 Project Evaluation: Alternative Methods Payback Period (PBP投资回收期) Internal Rate of Return (IRR内含报酬率) Net Present Value (NPV净现值) Profitability Index (PI获利指数) Proposed Project Data Julie Miller is evaluating a new project for her firm, Basket Wonders (BW). She has determined that the after-tax cash flows for the project will be $10,000; $12,000; $15,000; $10,000; and $7,000, respectively, for each of the Years 1 through 5. The initial cash outlay will be $40,000. Independent Project Independent -- A project whose acceptance (or rejection) doe