Question: 6. Given the five methods (Pay back period, discounted payback period, NPV, IRR, MIRR)presented in Capital budgeting, which method is the best for evaluating a

6. Given the five methods (Pay back period, discounted payback period, NPV, IRR, MIRR)presented in Capital budgeting, which method is the best for evaluating a projects contribution to firm value. In a paragraph explain your answer. Include the advantages and disadvantages of the method you chose.

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