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3. How can we apply the concepts learnt in these topics (time value of money, stock and valuation, bond and valuation, risk and return, capital
3. How can we apply the concepts learnt in these topics (time value of money, stock and valuation, bond and valuation, risk and return, capital and budgeting) in order to allocate limited resources in our best use?
[Hint: Think about how NPV as an investment decision rule can address the efficient allocation of limited resources problem. Specifically, the role of required rate of return in decision-making process.]
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