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The capital budgeting models are widely used by corporations and governments. Provide a brief summary of the primary methodologies and their merit and demerit (See Graham & Harvey, J. Applied Corporate Finance, 2002; Ryan & Ryan, J. of Business Management 2992). The capital budgeting models are widely used by corporations and governments. Provide a brief summary of the primary methodologies and their merit and demerit (See Graham & Harvey, J. Applied Corporate Finance, 2002; Ryan & Ryan, J. of Business Management 2992).