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In Terms of the Communication Element of Self, the Perception-Checking

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In terms of the communication element of self, the perception-checking guidelines involve assessing how your personal biases, level of self-awareness, and cultural background affect your perceptions.

Interpret the effects of depreciation, operational costs reduction, and salvage value on the cash flow of an investment project.
Master the calculation of the payback period for investment projects and its relevance in investment decisions.
Understand the treatment of working capital in investment project evaluations.
Recognize the reinvestment assumption inherent in the IRR and NPV methods.

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