Write strengths-weaknesses of decision model in holistic way
Understand the net present value (NPV) decision model and appreciate why it is the preferred criterion for evaluating proposed investments. Compare and contrast the strengths and weaknesses of each decision model in a holistic way.
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Understand net present value (NPV) decision model and appreciate why it is preferred criterion for estimating proposed investments.
Compute most popular capital budgeting alternative to NPV, internal rate of return (IRR); and describe how modified internal rate of return (MIRR) model attempts to address IRR's problems.
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