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What are the four steps of capital investment analysis? Compare the advantages and disadvantages of the following analytical tools and methodologies of Payback Analysis, Discounted

What are the four steps of capital investment analysis? Compare the advantages and disadvantages of the following analytical tools and methodologies of Payback Analysis, Discounted Cash Flow, Compounding and Discounting to determine the Rate of Return. What other factors should be considered in decisions regarding capital investments?

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