T5-t1 break even analysis, net present value, internal rate of return

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The textbook lists but does not explain three popular methods for determining the financial attractiveness of a strategic project: break-even analysis, net present value (NPV), and internal rate of return (IRR). Conduct research to locate a clear description of each method. In your own words, write a 1-2 sentence description for each method. Discuss whether you believe these methods could be used to analyze a strategic proposal and compare it to other proposals and justify your opinion. In replies to peers, support or refute the ideas presented.