Question: Net present value: a) is more useful to decision makers than the internal rate of return when comparing objects with different cash flow pattern b)
Net present value:
a) is more useful to decision makers than the internal rate of return when comparing objects with different cash flow pattern
b) is less useful when deciding between two mutually exclusive projects
c) remains positive as the cost of capital increases and the profitability index becomes less than one
d) a and c are correct
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