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Consider a project with the following project cash flows. Among the four decision criterions - PB, PI, NPV, IRR, which decision criterion( s) may NOT

Consider a project with the following project cash flows.

Among the four decision criterions - PB, PI, NPV, IRR,

which decision criterion(s) may NOT be appropriate for the capital budgeting analysis?

Project WACC= 8%

Year

0

1

2

3

4

Project Cash Flow

-50,000

60,000

0

-32,000

1,000,000

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