To make a capital investment decision, a manager must a. estimate the quantity and timing of cash

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To make a capital investment decision, a manager must
  a.  estimate the quantity and timing of cash flows.
  b.  assess the risk of the investment.
  c.  consider the impact of the investment on the firm’s profits.
  d.  select investments with a positive NPV.
  e.  do all of the above.

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