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Answer the following question in 1 page or less. Using MS Word upload your answer before the due date and time. Any submission with more than 25% duplication will receive a grade of zero.

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Essay – As a capital budgeting technique, explain the differences and similarities between NPV, IRR, and PI. Discuss some advantages and disadvantages in using each technique. As a manager, provide guidance on the pecking order and criteria for using each technique.

FORMAT

standard 1″ margins

 single-spacing (text)

 double-spacing between paragraphs

 no paragraph indentation (left justified)

 size 12 font, Times New Roman, black text

 italicized or bold font for section headings

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