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Consider NPV, IRR and Payback. Give three capital budgeting scenarios (be specific) when 1) NPV would be better than other two; 2) IRR would be
Consider NPV, IRR and Payback. Give three capital budgeting scenarios (be specific) when 1) NPV would be better than other two; 2) IRR would be the best metric choice; 3) Payback should be used over NPV or IRR.
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
