What is NPV, IRR, MIRR, Probability index. Discuss the notions of conventional and non conventional cash flows
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What is NPV, IRR, MIRR, Probability index.
Discuss the notions of conventional and non conventional cash flows in capital budgeting. Which investment evaluation criteria would you use for unconventional cash flows and why? Provide a fictitious unconventional cash flow example and apply the payback period, NPV, IRR, MIRR, and PI methods to your example. Interpret the results.
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