Question
When NPV=0, does that reflect no profit and no losses for the project ? I would have thought that NPV is a measure of cash
When NPV=0, does that reflect no profit and no losses for the project ? I would have thought that NPV is a measure of cash flow and not profits and additionally at NPV=0 , IRR=WACC, however this doesnt mean that the project cannot be profitable or successful and can proceed ?
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
