question archive Which of the following is NOT a basic step in the capital budgeting process? Identify the initial capital invested

Which of the following is NOT a basic step in the capital budgeting process? Identify the initial capital invested

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Which of the following is NOT a basic step in the capital budgeting process? Identify the initial capital invested. Estimate the cash flows to be derived from the project over time. Identify the appropriate interest rate at which to discount future cash flows. All of these are steps in the capital budgeting process.

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