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The district is considering changing the achievement tests that they administer. A new alternative test is much shorter and if valid to measure student achievement could save substantial instructional time. This year the school will administer both tests and assess the ____________ validity.
Cash Flows
The total amount of money being transferred into and out of a business, particularly concerning liquidity.
Capital Budgeting
The process of evaluating and selecting long-term investments that are in line with the goal of shareholder wealth maximization.
Payback Period
The length of time required to recover the cost of an investment.
IRR
The rate at which the projected cash flows of an investment will yield a net present value of zero, used as a measure to assess the profitability of investments.
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