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Which of the following decision rules may be misleading if a project has non-conventional cash flows? 1. Payback 2. Net Present Value 3. Average Accounting
Which of the following decision rules may be misleading if a project has non-conventional cash flows?
1. | Payback | |
2. | Net Present Value | |
3. | Average Accounting Return | |
4. | Profitability index | |
5. | Internal rate of return |
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