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Part 1
Compare and contrast the Internal Rate-of-Return (IRR) method and the Net Present Value (NPV) method of analyzing capital budget projects. Recommend one method over the other. Justify your choice as though you were presenting the argument to management.
Part 2
Analyze the role of transfer pricing in the management decision-making process. Illustrate an example of transfer pricing in action assuming: a) excess capacity and b) no excess capacity.
Requirements: 2

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