What is meant by a projects NPV, and what is the decision rule? List the main strengths

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What is meant by a project’s NPV, and what is the decision rule? List the main strengths of the net present value method. What do you think are the weaknesses of NPV in practical capital budgeting analysis?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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