1 Introduction – NPV IRR PAYBACK
The concept of finance and financial tools (NPV IRR PAYBACK) are very much effective for getting an investment decision in a particular project regarding whether the project investment is able to generate return from the investment or not. An investment is called a justifiable investment when the investment has positive return and investment is able to fulfill at least all financial requirements (Khan and Jain, 2007). There are some financial as well as non-financial factors that influence the investment decision.
In this particular study, XYZ plc, planning to invest in two projects- software and Launderette project. For that investment evaluation on those two projects, capital budgeting financial tools of Net Present Value (NPV) and …