Question: Most financial experts will agree that net present value is the best capital budgeting method. Explain why this is so and also explain how even
Most financial experts will agree that net present value is the best capital budgeting method. Explain why this is so and also explain how even NPV can be unreliable when projecting project results. Also Given the goal of maximization of firm value and shareholder wealth, we have stressed the importance of net present value (NPV). And yet, many financial decision-makers at some of the most prominent firms in the world continue to use less desirable measures such as the payback method. Discuss why you think this is the case.
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