Prerequisite: FIN 202a. Meets for one-half semester and yields half-course credit. May not be taken for credit by students who take FIN 234a.
Capital budgeting involves assessing business opportunities/investments, preparing cash flow forecasts, and comparing the returns of these investments. This course employs criteria such as NPV, IRR and APV to explore investment decisions described in articles, textbook readings, and cases. Usually offered every year.