Editing Net present value (section)

== Alternative capital budgeting methods ==
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* [[Adjusted present value]] (APV): adjusted present value, is the net present value of a project if financed solely by ownership equity plus the present value of all the benefits of financing.
* [[Accounting rate of return]] (ARR): a ratio similar to IRR and MIRR
* [[Cost-benefit analysis]]: which includes issues other than cash, such as time savings.
* [[Internal rate of return]] (IRR): which calculates the rate of return of a project while disregarding the absolute amount of money to be gained.
* [[Modified internal rate of return]] (MIRR): similar to IRR, but it makes explicit assumptions about the reinvestment of the cash flows. Sometimes it is called Growth Rate of Return.
* [[Payback period]]: which measures the time required for the cash inflows to equal the original outlay. It measures risk, not return.
* [[Real option]]: which attempts to value managerial flexibility that is assumed away in NPV.
* [[Equivalent annual cost]] (EAC): a capital budgeting technique that is useful in comparing two or more projects with different lifespans.

===Adjusted present value===
{{Excerpt|Adjusted present value|only=paragraph}}

===Accounting rate of return===
{{Excerpt|Accounting rate of return|only=paragraph}}

===Cost-benefit analysis===
{{Excerpt|Cost-benefit analysis|paragraph=1}}

===Internal rate of return===
{{Excerpt|Internal rate of return|paragraph=1}}

===Modified internal rate of return===
{{Excerpt|Modified internal rate of return|paragraph=1}}

===Payback period===
{{Excerpt|Payback period|only=paragraph}}

===Equivalent annual cost===
{{Excerpt|Equivalent annual cost|only=paragraphs}}