Define each of the following investment rules

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Reference no: EM131220636

Comparing Investment Criteria 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. Profitability index.

d. Net present value.

Reference no: EM131220636

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