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Analyse the developments and applications of 'sophisticated capital budgeting practices' explain why NPV (net present value) and IRR (internal rate of return) are the superior
Analyse the developments and applications of 'sophisticated capital budgeting practices'
- explain why NPV (net present value) and IRR (internal rate of return) are the superior capital budgeting methods
- compare to different methods such as payback period, real option reasoning, game theory
- consider limitations
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