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Which of the following methods used for capital budgeting and investment analysis does not use the time value of money ? a. Net present value
Which of the following methods used for capital budgeting and investment analysis does not use the time value of money?
a. | Net present value (NPV) | |
b. | Internal rate of return (IRR) | |
c. | Cash payback period | |
d. | All of the above use the time value of money. |
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