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Air New Zealand is comparing two potential projects with the following cash flows: Project 1:...

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Finance

image Air New Zealand is comparing two potential projects with the following cash flows: Project 1: The company uses an interest rate of 10 percent on all of its projects. Which project is better according to each of the following capital budgeting methods? 1) NPV 2) Payback 3) Discounted payback 4) Internal rate of return 5) Profitability index

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