Capital Budgeting is a very important topic in Corporate Financial Management. The process starts with cash flow estimation, apply the correct evaluation method, making recommendations, and finally...

Instruction: Please answer the following questions in 2 pages every 2 questions in one page, you can supplement your answers with an article from the net but you need to provide the reference, No plagiarism everything needs to be in your own words. Questions: Capital Budgeting is a very important topic in Corporate Financial Management. The process starts with cash flow estimation, apply the correct evaluation method, making recommendations, and finally decision-making. Capital budgeting can be used to evaluate different types of project, from replacing an used equipment to enter into a completely new market, and purchase of another company. Many issues are very important in this decision making process. Please use the following list as suggested topics for the week. I do encourage you to think outside the box and come up your own topics: 1. How reliable the capital budgeting process is? 2. Among the different capital budgeting methods (payback, discounted payback, NPV, IRR, and PI), which one do you think works better? 3- How capital budgeting can be applied in mergers and acquisitions? 4. How capital budgeting can be applied in mergers and acquisitions?