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Capital Budgeting, Cost-Benefit Analysis, and Investment Appraisal Techniques

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Description

300 Level Public Administration Department exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

a. Distinguish between capital budgeting in the private and public sectors.

b. What is the process of cost-benefit analysis?

c. N1 million naira was invested in a project that generates N200,000; N400,000, N500,000 and N300,000 for 4 years respectively. If the discount rate is 20%, use the net present value approach to assess this project.

 

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