Discuss the pros and cons inherent in each method

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There are numerous methods by which to evaluate the financial efficacy of a project. Based on the following methods: 1) NPV, 2) IRR, 3) Discounted Payback and 4) PI – discuss the pros and cons inherent in each method. Finally, which method is superior and why?

Please write not less than 250 words.

Reference no: EM131340407

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