Question: An advantage of the net present value method for evaluating investment proposals over the internal rate of return method is that: Multiple Choice estimates of

An advantage of the net present value method for evaluating investment proposals over the internal rate of return method is that:
Multiple Choice
estimates of future cash flows do not have to be made.
the actual rate of return on the project is calculated.
only one set of present value calculations using a required discount rate is made.
projects can be ranked in order of profitability using the net present value amount.

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