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stranahan stranahan
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7 years ago
With an unlimited amount of funds, a firm could accept all positive NPV projects. However, with limited budgets, managers are forced to accept some positive NPV projects while rejecting others. What overall financial rule should managers follow when choosing the portfolio of projects to accept? Why?
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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clockfitnessclockfitness
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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