What is the adjusted present value (APV)?

Select one:

A. This is the same as the net present value (NPV).

B. This is the NPV of a project if financed solely by equity.

C. This is the NPV of a project if financed solely by equity, plus the present value of financing benefits.

D. This is the NPV of a project if financed solely by debt.

In the theory of utilitarianism, right and wrong is defined by:

Select one:

A. Duty

B. Consequences

C. Virtues

D. Intentions