Investment Alternatives Using Financial Valuation Decision Models

Free CPA BAR (Business Analysis & Reporting) lesson in Business Analysis. 19 min read, ~2,785 words.

Net present value discounts each cash flow at the cost of capital and subtracts the initial investment; accept if NPV is positive. This is the primary criterion. Internal rate of return is the discount rate where NPV equals zero; accept if IRR exceeds the hurdle rate, but watch for multiple-IRR...

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