1. Time Value of MoneyImportant to Project Finance 2. Why Time Value of Money Is Importantin Project Mgmt • If we can’t fund all the projects, we need a way to compare,…
Slide 1 Chapter 3 Taxes as Transaction Costs McGraw-Hill Education Copyright © 2015 by McGraw-Hill Education. All rights reserved. Slide 2 3-2Objectives Compute the tax…