FundRobot » Best Investment » Which of the following is not an important step in the financial evaluation of an investment opportunity?

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Default which of the following is not an important step in the financial evaluation of an investment opportunity

Which of the following is not an important step in the financial evaluation of an investment opportunity?



Calculate a figure of merit for the investment

Estimate the accounting rate of return for the investment.

Estimate the relevant cash flows.

Compare the figure of merit to an acceptance criterion.

All of the above are important steps.
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