Which of the following statements is CORRECT? Explain your answer. a. The intern

Question

Which of the following statements is CORRECT? Explain your answer. a. The internal rate of return method (IRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. b. The payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. c. The discounted payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. d. The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. e. The modified internal rate of return method (MIRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.

Explanation / Answer

The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.

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