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What Is the Function of the Conference Committee

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What is the function of the conference committee?

Comprehend the concept of the time value of money and its importance in capital budgeting decisions.
Understand how to determine and interpret the internal rate of return (IRR) for an investment.
Ability to compare and assess different capital investment opportunities based on NPV and IRR computations.
Understand the effect of salvage value on the NPV of a project.

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