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Memphic Memphic
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6 years ago
Which of the following statements regarding the NPV decision rule is FALSE?
A) Reject projects with a NPV of zero, as accepting them is equivalent to reducing firm value.
B) When faced with a set of alternatives, choose the one with the highest NPV.
C) Accept those projects with a positive NPV, as accepting them is equivalent to receiving their NPV in cash today.
D) Reject those projects with a negative NPV.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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EgorGruzdevEgorGruzdev
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6 years ago
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