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Distinguish between the 3 capital investment techniques of (1) Net Present Value, (2) Internal Rate of Return, and (3) Payback Method.

Distinguish between the 3 capital investment techniques of (1) Net Present Value, (2) Internal Rate of Return, and (3) Payback Method.

Managers can choose from several analytical techniques to help them make capital investment decisions. Each technique has advantages and disadvantages.
Respond to the following in a minimum of 175 words: 

Distinguish between the 3 capital investment techniques of (1) Net Present Value, (2) Internal Rate of Return, and (3) Payback Method.
Describe what you consider to be the top 2 advantages and 2 disadvantages of each      technique and provide an example to support your top advantage of each method.

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