Question
A criticism of the Net Present Value budgeting technique is that it: ignores the time value of money provides multiple values when cash flows are
A criticism of the Net Present Value budgeting technique is that it:
| ignores the time value of money | ||
| provides multiple values when cash flows are not normal | ||
| can only be used if all cash flows after initial investment are positive | ||
| is biased toward small projects | ||
| is biased toward large projects |
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Principles Of Commercial Real Estate Finance
Authors: Gail Ramshaw, Mortgage Bank
1st Edition
0793157099, 9780793157099
