Question: (1) What is capital budgeting? (2) Explain the difference between independent project and mutually exclusive project. (3) Identify six methods to rank a project or

(1) What is capital budgeting? (2) Explain the difference between independent project and mutually exclusive project. (3) Identify six methods to rank a project or methods used in capital budgeting.

(4) Identify three methods to estimate the cost of equity? (5) Do you agree that the three methods will give similar results when the cost of equity is estimated?

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