investment criteria
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Is it ever appropriate to use more than one investment criteria (payback period, average acct. return, internal rate of return, profitability index, net present value) to evaluate a project. Explain.
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Solution Summary
The solution discusses if it is ever appropriate to use more than one investment criteria (payback period, average acct. return, internal rate of return, profitability index, net present value) to evaluate a project.
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It is always appropriate to do this, especially when you may have both short-term and long-term goals. Net present value may help in ...
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