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The evidence of many recent studies suggests that there are major differences between current theories of investment appraisal and the methods which firms actually use in evaluating long-term investme

The evidence of many recent studies suggests that there are major differences between current theories of investment appraisal and the methods which firms actually use in evaluating long-term investments.

You are required to:

(a present theoretical arguments for the choice of net present- value as the best method of investment appraisal;

(b) explain why in practice other methods of evaluating investment projects have proved to be more popular with decision-makers than the net present value method.

Jun 18 2020 Read more Less More

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