Define the most important capital budgeting techniques.

Week 5 DiscussionDefine the most important capital budgeting techniques. Name at least two capital budgeting techniques (for example, NPV, IRR, Payback Period, et cetera) and describe how they are used to arrive at investment decisions.__________________________________________Week 6 DiscussionWhat are the components of the WACC? How is this rate used by a company? Provided at least 2 examples.Further, what would cause a company to have a high/lower WACC? Does the type of industry influence the WACC? Provide some examples (at least 2) of factors that would contribute to a high WACC.