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Society is becoming more lenient in its expectations that social institutions conduct their affairs according to high moral standards.
Discounted Payback
A capital budgeting method that calculates the time required to break even on an investment, considering the present value of future cash flows.
Payback
The period of time required to recover the cost of an investment.
Liquidity
The simplicity of transforming an asset or security into immediate cash without impacting its market value.
Internal Rate of Return
The discount rate that makes the net present value (NPV) of all cash flows (both positive and negative) from a particular project or investment equal to zero.
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