PART 1: WRITTEN TASK THREE (CAPITAL BUDGETING In this exercise, each group is required to analyse common capital budgeting tools used by companies in one of the following countries: Australia, USA, China, any Western European country (eg. France, Sweden, Germany, UK). Each group is tasked to provide answers to the following questions. Provide a brief summary of your research on capital budgeting techniques used by corporations in your allocated country. 1. Summarize youf key findings it is suggested you cover the following points: What are the most commonly used capital budgeting techniques in that country/market Use the kno wledge you ve gained from week 5 topic to briefly describe and discuss the key antages and isadvantages of these techniques. Are there any ogher techniques apart from payback, NPV and IRR which are used by companies in their capital budgeting decisions? Can you identify one of these and briefly discuss the stpengths/weaknesses of these techniques in comparison with NPV/IRR/Payba Were there any surpirising findings in your research? For example, did the theoretical learning you gained in terms of capital budgeting decisions that should be used by companies align with what the majority of corporations in your chosen country actually use? What are the main conclusions drawn? hint: what would you advise these companies when making their decisions: to use one technique only or multiple ones? why? 2