Attempt $1$

Apr $16,2024$ at $12$:$55$

Our firm is examining two mutual exclusive projects. Which of the following evaluation approaches can be used to help the firm make a decision?

The profitability index $($PI$)$ and NPV can be used together.

Any of the time value of money approaches can be used.

Only the internal rate of return $($IRR$).$

The modified internal rate of return $($MIRR$),$ PI and NPV can be used.

Only the net present value $($NPV$).$