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Prepare a 700-1050 word paper on Capital Budgeting in which you respond to the following: "In the capital budgeting decision we determine the annual cash flows from an investment and compare them to the initial outlay."

a. What are the important administrative considerations in the capital budgeting process?

b. What are the types of allowable depreciation?

c. What is normally used as the discount rate in the net present value method?

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