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Chapter 14





                 Cost of capital and capital investment


                  decisions








                          Outcome




               By the end of this session you should be able to:

                    evaluate the risks arising from changes in the environment for capital
                     investment appraisal

                    evaluate investment projects


               and answer questions relating to these areas.






















                 The underpinning detail for this Chapter in your Integrated Workbook can
                  be found in Chapter 14 of your Study Text




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