Describe what these metrics mean


Problem:

Need an example of the following calculations:

1. Payback period
2. Net Present value
3. Internal rate of return
4. Modified rate of return

Describe what these metrics mean (interpret the reuslts). Why are these important?

Need web sites available for additional info. I need to write a paper on capital budgeting.

Need to be able to explain the calculations.

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Finance Basics: Describe what these metrics mean
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