Consider the following capital budgeting rules: NPV, IRR, payback period, and return on investment. Which...
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Finance
Consider the following capital budgeting rules: NPV, IRR, payback period, and return on investment. Which are you most comfortable or familiar with? For the capital budgeting rule that you selected, describe its benefits and the reason you rely on it heavily. Choose one of the capital budgeting rules that you choose not to work with, and describe what you see as its limitations.
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