Lex Services has grown into a large multi-branch companies with significant capital budget. In 1993, the Council is reviewing its procedures for capital budgeting. In particular, he sought to determine the cost of capital of the company and whether it should use a different hurdle rates for different units. "Hide
on W. Carl Kester, Kendall Backstrand Source: Harvard Business School 12 pages. Publication Date: April 26, 1996. Prod. #: 296003-PDF-ENG
lex service plc case solution
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