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What are the principal objections to the use of the average rate of return method in evaluating capital investment proposals? Discuss the principal limitations of

  • What are the principal objections to the use of the average rate of return method in evaluating capital investment proposals?

  • Discuss the principal limitations of the cash payback method for evaluating capital investment proposals.

  • Why would the average rate of return differ from the internal rate of return on the same project?

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