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Which of the following is generally regarded by academics as being the best single method for evaluating capital budgeting projects?

Which of the following is generally regarded by academics as being the best single method for evaluating capital budgeting projects?

a. Discounted payback method

b. Net present value (NPV) method

c. Modified internal rate of return (MIRR) method

d. Internal rate of return (IRR) method

e. Payback method

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