The capital budgeting decision is one of the most important financial decisions in business firms. In this case, Dashen Bank Share Company (DBSC) is considering whether to invest in a system to modernize its local money transfer services. To determine if the project is profitable, DBSC must first determine the weighted average cost of capital to finance the project. The simple payback period, discounted payback period, net present value (NPV), internal rate of return (IRR), and modified internal rate of return (MIRR) techniques are used to study the profitability of the project. MIRR is a relatively new capital budgeting technique, which assumes that the reinvestment rate of the project’s intermediary cash flows is the bank’s cost of capital. The stand- alone risk of the project is evaluated with the sensitivity analysis and scenario analysis techniques assuming that the new system would not affect the current market risk of the bank. The case gives students an opportunity to use the theoretical profitability and risk analyses techniques explained in their financial management module and related tutorial classes in a real- world setting. The case is best suited for Master of Business administration, Master of Accounting & finance, Master of Project Management students and is expected to take approximately four to five hours to complete. The case is moreover; very useful for Ethiopian Students for thinking how they can make capital decision in Ethiopian context. Similar case study were previously developed by Meric et al., is used as a base for development of this case in Dashen bank Ethiopian with its original in nature and different solution keys context. It is teachable to students in Ethiopia and elsewhere in the world. This review of Finance case Studies is very useful for understanding the concept of Cost of capital and Capital budgeting techniques.