Question: Net Present Value (NPV), used to evaluate an investment, ____________________. 1)measures how fast the firm may recover its investment 2)measures the amount of wealth created

Net Present Value (NPV), used to evaluate an investment, ____________________.

1)measures how fast the firm may recover its investment

2)measures the amount of wealth created by the project

3)measures the percentage return of the project

4)does not account for the time value of money

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