Question
Suppose two competing projects have identical NPVs. Only one of the two may be undertaken, so the corporate executive who must make the decision is
Suppose two competing projects have identical NPVs. Only one of the two may be undertaken, so the corporate executive who must make the decision is looking for one or more tiebreakersobjective bases on which to say that one is preferable to the other. What would you suggest as a reasonable tiebreaker? What possible tiebreakers should be rejected as unreasonable?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
