Chris Gallant, CFA, is a senior manager of interest rate risk for ATB Financial with 10 years of experience in the financial markets. Suzanne is a content marketer, writer, and fact-checker. She holds ...

This paper presents an alternative to the usual iterative method for determining the approximate internal rate of return in capital budgeting. The method developed is based on the standard numerical ...

The key to effective decision making is evaluating alternatives and selecting the most feasible and valuable among the options. Capital budgeting is a quantitative assessment that involves forecasting ...