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An important advantage of the net present value method of capital budgeting over the internal rate-of-return method is A. The net present value method is
An important advantage of the net present value method of capital budgeting over the internal rate-of-return method is
A. The net present value method is expressed as a percentage
B. The net present values of individual projects can be added to determine the effects of accepting a combination of projects
C. No advantage
D. Both A and B
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