Selecting the Project(s)with the Highest NPV(s)is Not the Correct Decision

question 64

Multiple Choice

Selecting the project(s) with the highest NPV(s) is not the correct decision rule when:

• A) there is capital rationing.
• B) there are mutually exclusive projects.
• C) projects are long-lived.
• D) projects are independent.

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Definitions:

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