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Posted on Jul 01, 2024

Given the goal of the firm, which of the following is the only investment decision criterion that will give consistently correct answers when ranking comparable

Given the goal of the firm, which of the following is the only investment decision criterion that will

give consistently correct answers when ranking comparable mutually exclusive projects?

a. Internal Rate of Return

b. Net Present Value

c. Profitability Index

d. Payback Period

e. None of the above

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