Description

Build a comprehensive understanding of the application and limitations of the predominant approaches to investment appraisal.

Learning Objectives

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1. Identify the key investment appraisal approaches, including payback period, IRR, NPV, XIRR, XNPV, and modified internal rate of return.
2. Analyze the limitations of each investment appraisal method.
3. Assess returns and net present values across different scenarios, considering reinvestment risk and multiple IRRs.