Question: Define the following cost methods, and compare and contrast them, emphasising on the benefits of each method in project appraisal i. NPV (2Marks) ii. Payback,
Define the following cost methods, and compare and contrast them, emphasising on the benefits of each method in project appraisal
i. NPV (2Marks)
ii. Payback, and (2Marks)
iii. IRR. (2Marks)
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