A cure for outdated capital budgeting techniques

  title={A cure for outdated capital budgeting techniques},
  author={J. Cotter and Bill Marcum and D. R. Martin},
  journal={Journal of Corporate Accounting & Finance},
Is your firm still using outdated capital budgeting techniques? They tend to be overly conservative in evaluating alternatives—and may reject a project that should have been accepted. Instead, the authors suggest a simulation method that will help you make better decisions. © 2003 Wiley Periodicals, Inc. 
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