Question
A firm is evaluating three capital projects to invest in, using their net present values (NPVs) as the decision criterion. The projects NPVs are as
A firm is evaluating three capital projects to invest in, using their net present values (NPVs) as the decision criterion. The projects NPVs are as follows:
Which of these projects should the firm reject? A. Reject project C. B. Reject project A. C. Reject project B.
| Project | NPV |
| A | (100) |
| B | 100 |
| C | 0 |
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
