The Subjectivity of Investment Appraisal Tools
Number of pages:
8
ABSTRACT:
This 8 page paper considerers the argument that all methods of appraising capital investments are unreliable due to the level of subjectivity that is present in their use. The paper looks at a range of tools, including net present value (NPV), internal rate of return (IRR), payback period and also the cot of equity. The bibliography cites 4 sources.
FILE NAME:
File: TS14_TEappsub.rtf
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