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Net present value, profitability index, and equivalent annual cost are the three discounted cash-flow methods generally used when evaluating capital budget projects. Select one of
Net present value, profitability index, and equivalent annual cost are the three discounted cash-flow methods generally used when evaluating capital budget projects. Select one of these methods. Explain your selected method. Also, explain the advantages of using your selecting method when determining whether to accept or reject a capital project.
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