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Your employees have estimated the net present value of Project A to be $1.5 million. Their report says that they have not accounted for risk
Your employees have estimated the net present value of Project A to be $1.5 million. Their report says that they have not accounted for risk but that, with such a large NPV, the project should be accepted because even a risk-adjusted NPV would likely be positive. You have the final decision as to whether to accept or reject the project. What is your decision
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