Question: Among all the capital budgeting methodologies and their respective rules, which would you use and why? What are the advantages of one rule over another?

Among all the capital budgeting methodologies and their respective rules, which would you use and why? What are the advantages of one rule over another? Does the size or the nature of an investment have any impact on which method should be used? Why or why not? How might a rule be improved to make it more effective?

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