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Essay: NPV, IRR, MIRR, Payback Each of these tools are used to make capital investment decisions. Describe each and provide at least one example. Compare

Essay: NPV, IRR, MIRR, Payback

Each of these tools are used to make capital investment decisions. Describe each and provide at least one example. Compare and contrast each and describe the pros and cons. Identify which you would prefer to use, and explain your rationale.

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