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Which of the following is NOT an advantage to NPV as a decision rule (assuming the correct discount rate is used)? A) NPVs scale correctly.
Which of the following is NOT an advantage to NPV as a decision rule (assuming the correct discount rate is used)?
A) NPVs scale correctly.
B) NPVs are independent of financing.
C) NPVs achieve the best value per dollar invested for the firm.
D) NPV's are additive.
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