Question: A finance manager often decides to accept a project with negative NPV because Intuition tell them they will manage the project and possibly enhance the
A finance manager often decides to accept a project with negative NPV because Intuition tell them they will manage the project and possibly enhance the cash flows when the project is running (turn the project to be more profitable than expected) The project complements other existing or new projects (non-cash flow benefits) The project enhance compliance with social and environmental policies or regulations in which the firm is operating. The stakeholders demands are overwhelming Which of the above reason is not consistent with fishers separation theorem
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