Overview of engineering economics -- Foundation of engineering economics -- Intermediate balances and other interest rates & series -- Annual worth comparisons -- Present worth comparisons -- Simple and quasi-simple investments -- Non-simple investments -- Mutually exclusive investments -- After...

We examine firms' simultaneous choice of investment, debt financing and liquidity in a large sample of US corporates between 1980 and 2014. We partition the sample according to the firms' financial constraints and their needs to hedge against future shortfalls in operating income. In contrast to...