Question
Suppose you have two mutually exclusive projects. Project ABACUS has small cash flows that occur over the next six years. Project CHEWY has no cash
Suppose you have two mutually exclusive projects. Project ABACUS has small cash flows that occur over the next six years. Project CHEWY has no cash flow for 5 years, and 1 very large cash flow in year 6. Why is NPV the best choice for comparing these two projects?
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Consolidation In The European Financial Industry
Authors: R. Bottiglia, E. Gualandri , G. Mazzocco
1st Edition
0230233228,0230275028
