(c) Discuss the reasons why the net present value investment appraisal method is preferred to other investmentappraisal methods such as payback, return on capital employed and internal rate of return. (9 marks)
(c) Discuss the reasons why the net present value investment appraisal method is preferred to other investment
appraisal methods such as payback, return on capital employed and internal rate of return. (9 marks)
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