For what kinds of investments does terminal value account for a substantial fraction of the total project

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For what kinds of investments does terminal value account for a substantial fraction of the total project NPV, and for what kinds of investments is terminal value relatively unimportant?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 05:56 AM

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For what kinds of investments does terminal value account for a substantial fraction of the total project

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The higher the growth rate of cash flows the high...View the full answer

Introduction to Corporate Finance

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