Question
Name different project appraisal techniques. Discuss Internal Rate of Return (IRR)
technique comprehensively.
Answer :
Word Count : 300
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There are two types o f measures of project appraisal te c h n iq u e s I.e. undiscounted and discounted. The basic underlying difference between these tw o lies in the consideration of time value of money in the project investment. Undiscounted m e a sure s do not take into account the time value of money, while discounted measuresdo.Many economic decisions including fish production involve b e n e fits and costs that are expected to occur at future tim e period. The construction o f ponds race ways, and fishtank, for example, requires im m ediate cash outlay, which with the p ro du ctio n and sale offish, will result in future
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