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What is net present value? Can it ever be negative? Explain. What types of purchases would be considered capital investments? Why is it important to
- What is net present value? Can it ever be negative? Explain.
- What types of purchases would be considered capital investments?
- Why is it important to compute the time value of money?
- What type of management decisions utilize the time value of money?State some real-world applications that require the use of the time value of money principle.
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