Capital Budgeting Valuation

CAPITAL BUDGETING VALUATION The Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance and contains contributed chapters from both respected academics and experienced financial professionals. As part of the Robert W. Kolb Series in Finance, Capital Budgeting Valuation provides an engaging look at the key themes surrounding this discipline and shows you what it takes to make more informed decisions when considering potentially costly invest- ment projects for your organization. Divided into seven comprehensive parts, this timely guide contains detailed coverage that extends from the basic components of capital budgeting and existing theories to their application in an increasingly complex business world. Page by page, the book addresses topics that will put you in a better position to excel at this endeavor, including the various methods of evaluating capital investments, risk management in project finance, estimating the project cost of capital, and the potential benefits of using real options in the capital budgeting process to name a few. Capital budgeting surveys that reveal the link between theory and practice are also included, and based on the premise that managers should view business from a global perspective, impor- tant international issues associated with capital budgeting are discussed as well. Filled with in-depth insights and expert advice, Capital Budgeting Valuation offers a variety of perspectives and a rich interplay of ideas related to this important financial discipline.