After graduating from university you get a job for a non-dividend paying company which has recently listed
Question:
After graduating from university you get a job for a non-dividend paying company which has recently listed on the stock exchange. Your manager tells you that the company does not favour the NPV approach to capital budgeting. Do you think this is a good decision by the company’s management?
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Whether the companys decision to avoid the NPV approach is a good one depends on several factors and requires further informationHeres a breakdown of ...View the full answer
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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