investment appraisal techniques primarily meant to appraise the performance of a new project. Some managers believed that Net Present Value (NPV) is better than other techniques because it can be used in complicated and mid-period cash flow.’

Required:

Critically discuss the above statement with reference to academic literature. In your discussion, you should refer to the other investment appraisal techniques you learned in this module.

Answer rating: 100% (QA)

Investment appraisal techniques are payback period internal rate of return net present value accounting rate of return and profitability index They ar... View the full answer