CHOOSE PURCHASE OF A NEW HOME FOR SITUATION
Share a situation (personal or business) where you had to make a decision on a capital budgeting matter, like buying a house or a car or an appliance.
Explain how you evaluated the matter and what conclusions you reached.
Would your evaluation be different after learning about various capital budgeting criteria?
What would you consider the appropriate rate to be in applying the NPV criteria to your situation? Why?
In your opinion, are there non-numerical considerations that are important in business and personal capital budgeting decisions? If so, give examples.