Let's be more practical. DCF is not the gospel. Managers should not become so enchanted with DCF

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"Let's be more practical. DCF is not the gospel. Managers should not become so enchanted with DCF that strategic considerations are overlooked." Do you agree? Ex20-12 plain. "The net present value method is the preferred method for capital-budgeting decisions. Therefore managers will always use it." Do you agree? Explain.

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Muhammad Salman Alvi

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