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This chapter focused on ways to evaluate investment opportunities: NPV, IRR, payback, and ARR. 1) Which ways involve using the time value of money? 2)

This chapter focused on ways to evaluate investment opportunities: NPV, IRR, payback, and ARR. 1) Which ways involve using the time value of money? 2) Which way uses accounting income? How is accounting income different from cash flow? 3) List one disadvantage for each of the four methods

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