Includes bibliographical references and index.

Contents: Capital budgeting and decision making -- Objectives -- Techniques of investment appraisal-decision budgets -- Methods of investment appraisal -- Internal rate of return versus net present value -- The Cost of capital -- The Cost of combinations of debt and equity -- Optima capital structure-the debate -- Dividend policy -- Capital rationing -- Capital rationing and mathematical programming -- Risk and uncertainty-the individual project based on subjective probabilities -- The Foundations of portfolio analysis -- Portfolio anlysis and capital budgeting -- Appendix A: Chapter 13 -- Appendix B: Chapter 14 -- Appendix C: Specimen interest tables.