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6a. What is NPV? Why NPV criterion is superior to others? 6b. What is IRR? What is the relationship between IRR and NPV? Give one
6a. What is NPV? Why NPV criterion is superior to others?
6b. What is IRR? What is the relationship between IRR and NPV? Give one example in which the two criteria conflict.
6c. What is profitability index? What is the relationship between profitability index and NPV? Give one example in which the two criteria conflict.
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