Capital budgeting in investment and project appraisal / Wong Soon Heng

This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this a...

Full description

Bibliographic Details
Main Author: Wong, Soon Heng
Format: Article
Language:English
Published: UiTM cawangan Kedah 2002
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/11851/
http://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf