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Which of the following is NOT a strength of NPV as a capital budgeting technique? a. NPV is an absolute measure of profitability. b. NPV
Which of the following is NOT a strength of NPV as a capital budgeting technique?
a. | NPV is an absolute measure of profitability. | |
b. | NPV never makes a mistake between a good versus bad project. | |
c. | NPV will occasionally goof-up when deciding between two good projects. | |
d. | NPV considers Cash Flow After Tax and time value of money in the process. | |
e. | None of the above. |
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