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Pros and cons of the decision rules for the npv


Answer the following question:

Question 1: What are the pros and cons of the decision rules for the NPV, the IRR, the MIRR, and the payback methods? Which is the most accurate method and why?

Question 2: What are sunk costs? Should they be included in the cash flow estimation when making a capital budgeting decision? Why or why not?

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Finance Basics: Pros and cons of the decision rules for the npv
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