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What are the advantages and disadvantages of the payback method? 2. What is the net present value (NPV) profile? 3. What is the difference between

What are the advantages and disadvantages of the payback method? 2. What is the net present value (NPV) profile? 3. What is the difference between replacement and expansion projects? 4. What is the difference between independent and mutually exclusive projects? 5. What is the difference between economic and accounting breakeven?

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