ocr: Review OfPrincipal Investment Appraisal Methods We shall now work our way through a guided example and look at the four main methodsof nvestment appraisal that are in LUTLHTTOIT usage. These four methods can be categorised into those techniques that discount cash tlows and those that don't. - Thatis, Non-discounting. methods The payback method The accounting rate ofreturn (ARR )method, and Discounted cash flow methods The net present value (NPV)method The internal rate ofreturn (IRR )method
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