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Number of Pages 9
This research paper: This 9 page paper looks at a case provided by the student where the investment assessment is being undertaken using the accounting rate of return. The paper explains why the discounted cash flow would be a better tool for appraising investments, the advantages and difficulties using it and how it may impact on future shareholders. The bibliography cites 5 sources.
File: TS14_TEDCFlow.rtf
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