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If the net present value of a project is -$10 million, which of the following statements is the most correct? (a) We accept the project
If the net present value of a project is -$10 million, which of the following statements is the most correct?
(a) We accept the project because shareholder value increases by $10 million
(b) We reject the project because share price decreases by $10
(c) We reject the project because shareholder value decreases by $10 million
(d) We reject the project because net profit decreases by $10 million
(e) We accept the project because net profit increases by $10 million
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