Hi, Please review and respond to my assignment #6 attachment for financial management class

in regards to capital budgeting.

Thx,

PRB 432

Discussion board for Finance management class. This week is about capital budgeting. Please respond to the 2 questions below. Discuss the major capital budgeting methods used by corporations to evaluate projects. 1. Why do many corporations continue to use the payback period method? 2. Which method do you prefer (NPV, IRR, MIRR, PI, Payback period, Discounted payback period)? Explain why you prefer this method Please compose substantial responses for the following above questions (Minimum word count is 500). Use supporting sources for reference such as our current financial textbook from Brigham and Ehrhardt, 14th edition and recent articles WSJ, NY Times, or any pertinent online sources (All citations and references should be in APA 6th edition format, No wikipedia or investopedia). If there is any specific inquiries, please don't hesitate to email me. Example: Reference: Brigham, E. F., & Ehrhardt, M. C. (2014). Financial Management: Theory and Practice (14th ed.). Mason, OH: South-Western Cengage Learning