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Chapter 7 introduces you to three methods to evaluate large-dollar, multi-year investment decisions: payback, net...

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Finance

Chapter 7 introduces you to three methods to evaluate large-dollar, multi-year investment decisions: payback, net present value, and internal rate of return. What the strengths and weaknesses of each method in a health care environment? Please provide an example for each presented in the text or another source that you find. What method do you feel is the most effective and why?

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