Which capital budgeting method has least drawbacks making

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1. Which capital budgeting method has the least drawbacks making it superior to other capital budgeting methods?

2. Can you use the PI statistic to compare mutually exclusive projects? Why or why not?

3. What is the issue with using IRR statistic as a accept/reject criteria for a project with non-normal cashflows? What is the solution to this issue?

Reference no: EM131915471

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