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question 137

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Use the following to answer questions
Firefly is a new coach service operating in New South Wales and Victoria.It offers travellers a cheap alternative to driving and flying between large cities.The company keeps the fares extremely low yet offers the latest technology.Unlike traditional Greyhound coaches, Firefly is an express service and is equipped with wi-fi, video screens, headsets and seatbelts.Many coaches also run on biodiesel fuel.Additionally, Firefly picks up and drops off people in the centres of cities rather than at inconveniently located terminals.Patrons can book tickets online, and some fares begin at just $1.Routes are limited and are offered out of cities such as Sydney, Melbourne, Gosford and Newcastle.Recently, its competitor, Greyhound, has launched a new service, 'Point-to-Point', with similar fares and high-tech amenities.A fare on 'Point-to-Point' from Sydney to Melbourne is $50 each way, while the same fare through Greyhound costs $92.00.However, Greyhound offers more departure times and more stops in smaller towns along the way.
-Greyhound's launch of 'Point-to-Point' is an example of:

Calculate the profitability index and interpret its meaning in investment decision-making.

Understand how the discount rate affects NPV and IRR calculations.

Identify the advantages and limitations of payback period in capital budgeting.

Explain why NPV is considered a superior method in project evaluation compared to other techniques.

Definitions:

Androgen Binding Protein

A protein that binds androgens (male hormones), facilitating their transport within the body, particularly within the testes and blood.

Luteinizing Hormone

A hormone produced by the anterior pituitary gland that plays a key role in controlling the function of the ovaries in women and the testes in men.

Inhibin

A hormone secreted by the gonads that inhibits the production of follicle-stimulating hormone (FSH) by the pituitary gland.

Progesterone

A steroid hormone released by the corpus luteum that prepares the endometrium for the potential of pregnancy after ovulation.