Capital reconstruction, mergers and acquisitions, capital rationing,
mutually exclusive investment, tax influence
and investment incentives. Gearing theories, traditional view, the Modiglian
Mill hypothesis, borrowing limits, dividends and retention policies. Capital
investment decisions-investment criteria-payback, rate of return on capital,
DCF, NPV, IRR, profitability index, uncertainty and risk analysis. (Same as BFN
323)
- Lecturer: Atu G
- Lecturer: Mary Josiah
Level of Study: 300 Level