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1. Explain M&M proposition 1 2. What is Profitability Index and its pros and cons? 3. What is Payback Period? And its pros and cons?

1. Explain M&M proposition 1

2. What is Profitability Index and its pros and cons?

3. What is Payback Period? And its pros and cons?

4. What is NPV? And is it pros and cons?

5. Define financial leverage and explain what an unlevered company means.

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