The CEO and CFO of Marion Corporation have expressed dissatisfaction with the informal method they...
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Accounting
The CEO and CFO of Marion Corporation have expressed dissatisfaction with the informal method they have used to select capital projects.
Prepare a memo to the CEO and CFO of Marion describing the net present value (NPV) and internal rate of return (IRR) methods. Include a discussion of the issues involved in selecting an appropriate hurdle rate for NPV analysis.
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