What is the payback period statistic

Weighting Net Present Value and Other Capital Budgeting Criteria, accounting homework help
Subject
Business Finance

Question Description
Need serious, but honest help to meet my dead line. Instruction as following questions using grammatically correct language and appropriate APA citations. All questions need to be answer and with APA citations. All material MUST come from the book only. (The book that used is Finance by Cornett, Adair, & Nofsinger, 2016). Chapter 13 Weighting Net Present Value and Other Capital Budgeting Criteria, Pages 310-335. Be sure when solving the problems algebraically, be sure to show your computations. If using Excel spreadsheet, show your input values and formula. If using financial calculator, show your input values. There are TWO hints/suggestions for certain questions in this assignment to ensure you have the right answer.

**Note: In addition to your solution to each computational problem, you must show the supporting work leading to your solute.****

Question 1

Proficient-level: Describe the Net Present Value (NPV) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when using NPV?

Distinguished-level: Identify the NPV method's strengths and weaknesses.

Question 2

Proficient-level: What is the payback period statistic? What is the acceptance benchmark when using the payback period statistic?

Distinguished-level: Identify what problem of the Payback Period method is corrected by using the Discounted Payback Period method.

Question 3

Proficient-level: Describe the Internal Rate of Return (IRR) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when using IRR?

Distinguished-level: Explain how the NPV and IRR methods are similar and how they are different.

Question 4

Proficient-level: Describe the Modified Internal Rate of Return (MIRR) method for determining a capital budgeting project's desirability. What are MIRR's strengths and weaknesses?