Problem
Capital Budgeting is a long term financial planning tool that is commonly adopted in the business. Discuss the following primary capital budgeting methods:
Payback period method
Net Present value (NPV)
Internal Rate of Return
What are keys features of each method? Provide examples to explain. What are the main strengths and weaknesses of each method?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.