Donald Lessard James Paddock (3 results)

Paperback. Condition: New. New copy - Usually dispatched within 4 working days.

Paperback. Condition: New. Print on Demand. This book promotes the use of an adjusted net present value (ANPV) approach for capital budgeting in international projects. The author argues that the ANPV approach is conceptually superior to the traditional weighted average cost of capital (WACC) approach, particularly in the context of international projects. The author provides a detailed comparison of the two approaches and shows that the ANPV approach is more flexible and can handle a wider range of complexities that arise in international projects. These complexities include blocked funds, concessional financing, cash flows with differing exposures to nominal and real exchange rate movements, and political risks that depend on project cash flows. The book also discusses the advantages of ANPV in sensitivity analysis. Overall, this book provides a valuable resource for corporate finance professionals and international business managers involved in capital budgeting decisions. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. …

Condition: New. KlappentextrnrnUnlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketc.