Under what circumstances would equity holders have a possible incentive to take on negative-NPV investments?

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Fundamentals Of Corporate Finance

ISBN: 9780137309948

4th Canadian Edition

Authors: Jonathan Berk, Peter DeMarzo, David A. Stangeland, Andras Marosi, Jarrod Harford

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Question Posted: Apr 04, 2023 02:50 AM

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Under what circumstances would equity holders have a possible incentive to take on negative NPV investments?
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Under what circumstances would equity holders have a possible incentive to take on negative-NPV investments?

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Fundamentals Of Corporate Finance

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