Question: tions mc 1 me 1 4 r . 2 . 0 0 3 The net present value of an investment represents a . an index
tions mcmer
The net present value of an investment represents
a an index of the desirability of the investment
b the expected contribution of that investment to the goal of shareholder wealth maximization
c the rate of return expected from the investment
d a and b only
e a and c only
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