The Art and Science of Corporate Investment Decisions offers an up-to-date, comprehensive examination of the appraisal of investment opportunities. A Holistic Approach to Project and Enterprise Valuation. This work introduces students to a wide range of valuation approaches and allows them to make informed investment decisions by taking into account both industry practise and contemporary developments in valuation methods. The third edition introduces users to the most recent industry-wide valuation tools. Throughout the work, useful examples are provided to aid students in understanding fundamental concepts in the context of everyday circumstances. Students will be able to gather data from many sources using the accompanying spreadsheets and simulation tools, build models that make use of this data, and then meaningfully explain their study.