Page Banner

Capital Budgeting When Projects Have Unequal Lives and Costs of Capital

 

Chengho Hsieh and Timothy Vines

Louisiana State University in Shreveport

 Abstract

 This paper addresses some issues in capital budgeting that have not been completely resolved in the literature, and suggests a more comprehensive and realistic methodology for project evaluation and selection in the situation complicated by differing project life and costs of capital.


Copyright ©2005 Financial Decisions Associates — All Rights Reserved