Journal Motors Inc. has been manufacturing the conventional automobiles for several decades. However, considering the gr

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answerhappygod
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Journal Motors Inc. has been manufacturing the conventional automobiles for several decades. However, considering the gr

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Journal Motors Inc. has been manufacturing the conventional automobiles for several decades. However, considering the growing popularity of the electric vehicles, their CEO is keen to make a very large investment in the electric vehicle business. As they have no expertise in this area, this investment is being considered very risky. Which, if any, of the capital budgeting methods can be used to analyze this investment, and why?
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