Question: Net Present Value (NPV) plays an important role in the capital budgeting process because... It accounts for the concept of time value and money. It

Net Present Value (NPV) plays an important role in the capital budgeting process because... It accounts for the concept of time value and money. It does not account for the current value of expected future cash flow. It does not play a role in the capital budgeting process. It does not account for the concept of time value and money

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