350 words memo to management (Using the Payback Method, IRR, and NPV)

Resources: Chapter 5 Corporate Finance (Net present value and other Investment Rules)

Create a 350-word memo to management including the following:

• Describe the use of internal rate of return (IRR), net present value (NPV), and the payback method in evaluating project cash flows.
• Describe the advantages and disadvantages of each method.

List references as separate page

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