Why doesn't the NPV Decision Rule depend on the investor's preferences?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Question Posted: Mar 31, 2017 02:19 PM

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Why doesn't the NPV Decision Rule depend on the investor's preferences?

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As long as the NPV is positive the decision increases the value of the firm and ...View the full answer

Fundamentals of Corporate Finance

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