Capital rationing

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July 16, 2018 at 5:08 pm #463259
rodfvaz2010
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i dont understand the concept of capital rationing of p4-AFM?
July 17, 2018 at 7:34 am #463344
John Moffat
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Have you watched our free lectures on this?

Single-period capital rationing was examined in Paper FM (and is explained in our FM lectures). AFM extends it to include multi-period capital rationing, which is explained our AFM lectures.
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