In this chapter, we covered different investment decision rules. We evaluated the most popular alternatives to the

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In this chapter, we covered different investment decision rules. We evaluated the most popular alternatives to the NPV: the payback period, the discounted payback period, the accounting rate of return, the internal rate of return, and the profi tability index. In doing so we learned more about the NPV. LO.1

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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