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Hernando Cortés's conquest of the Aztecs in 1518 was made possible largely due to
Fixed Costs
Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.
Incremental Project Cash Flows
The additional cash inflows or outflows expected from undertaking a specific project, excluding any cash flows not directly attributable to the project itself.
NPV
Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment, representing the difference between the present value of cash inflows and outflows.
IRR
A metric used in financial analysis to estimate the profitability of potential investments, it represents the annualized effective compounded return rate.
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