Question
Your company CFO has issued a memo advising analysts to use conservative estimates of project parameters when evaluating project NPVs. The objective, he says, is
Your company CFO has issued a memo advising analysts to use conservative estimates of project parameters when evaluating project NPVs. The objective, he says, is to avoid accidentally engaging in negative NPV projects. Please assess this policy.
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
