When evaluating different capital budgeting techniques such as payback,net present value,internal rate of return,profitability index and accounting rate of return,
A) all techniques are equal and there is no reason to prefer one technique over another.
B) some techniques have advantages over others.
C) corporate managers have "stuck with" the same techniques over the last thirty years.
D) both (a) and (b)
E) all of the above
Correct Answer:
Verified
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