Question: Question 5: A project is not a black box. Senior managers must know where the positive NPVs come from. Otherwise the}I will be continuously bombarded

 Question 5: "A project is not a black box. Senior managers

Question 5: "A project is not a black box. Senior managers must know where the positive NPVs come from. Otherwise the}I will be continuously bombarded with requests for hmds for capital expenditures. Senior managers must know whether the projects are proposed by them because the}r have positive N'PVs or do the}? have positive NPVs because they are proposed.'r Discuss the above statement in the light of the sources of positive NPV in capital investments

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