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The book discusses a number of capital budgeting methods, net present value, internal rate of return, payback period, profitability index, and the simple rate of

The book discusses a number of capital budgeting methods, net present value, internal rate of return, payback period, profitability index, and the simple rate of return. Why are so many used? They share similarities and differences - like what? Is one better than the others? Which one? Please explain why? Are there other methods not discussed?

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