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Q) Being an assistant finance manager, you are assigned a task for the expansion of business. After performing the cash flow forecasting, you have selected
Q) Being an assistant finance manager, you are assigned a task for the expansion of business. After performing the cash flow forecasting, you have selected Internal Rate for Return technique to perform capital budgeting. But your manager criticized Internal Rate for Return due to its one major drawback. You accepted his argument and came up with rectification of that major drawback of Internal Rate for Return with a modified technique. Following are the forecasted incremental cash flows from expansion of business
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