Question: Please do not copy answers from the other posts. Define each of the following investment rules and discuss any potential shortcomings of each. In your

Please do not copy answers from the other posts. Define each ofPlease do not copy answers from the other posts.

Define each of the following investment rules and discuss any potential shortcomings of each. In your definition, state the criterion for accepting or rejecting independent projects under each rule. a. Payback period. b. Internal rate of return. c. Net present value. d. Profitability index

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