Multiple Choice
Which capital investment evaluation technique is described by the following characteristics? (1) Easy to understand and communicate; (2) May result in multiple answers; (3) May lead to incorrect decisions when applied to mutually exclusive investments.
A) NPV.
B) IRR.
C) AAR.
D) Payback period.
E) Discounted payback.
Correct Answer:
Verified
Correct Answer:
Verified
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