discuss the basic investment appraisal techniques 1

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Discuss the basic investment appraisal techniques focusing, in particular, on rntwo discounted cash flow techniques, namely, the internal rate of return rn(IRR) method and the net present value (NPV) method. Illustrate the merits rnand limitations of the IRR and NPV methods, together with their rnadvantages with respect to accounting-based methods
 
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