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In the lectures on Capital Rationing, there were no examples on postponing delaying investments for an year and there is a loss of NPV. BPP Example 3.6 Study text. Page 224
If you could explain it in simple words. Or this is not a part of our syllabus anymore?
I do not have the BPP Study Text – only the Revision Kit.
However there are no extra ‘rules’ or ‘techniques’ needed other that those I explain in the lecture (although as always the examiner does try to check that you understand the concept and have not simply learned rules). There have been no past exam questions on capital rationing that need more understanding and there can not be in the future 🙂
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