According to Truong, Partington, and Peat's 2004 survey (Figure 8.2 in the text), the most popular decision rules for capital budgeting used by CFOs of listed Australian firms are, in order
A)NPV, IRR, MIRR.
B)NPV, Payback, IRR.
C)NPV, IRR, Payback.
D)Profitability index, NPV, IRR.

Question

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The survey by Truong, Partington, and Peat found that the most popular decision rules for capital budgeting among CFOs of listed Australian firms were NPV, followed by Payback, and then IRR.

According to Truong, Partington, and Peat's 2004 Survey (Figure 8