Question
you are the CEO of a small software firm that has to make a choice between two mutually exclusive capital investment projects. your firm earned
you are the CEO of a small software firm that has to make a choice between two mutually exclusive capital investment projects. your firm earned an average return of 28% on its projects last year, while its cost of capital was 12%. would you expect NPV or IRR to be better investment decision rule for your firm? explain
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Multinational Financial Management
Authors: R M Srivastava
1st Edition
8174466703, 9788174466709
