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Why Did Zhang Huan Invite 40 Chinese Peasants to Be

question 33

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Why did Zhang Huan invite 40 Chinese peasants to be photographed standing in a pond to raise the water level?

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Definitions:

Negative Net Present Value

A financial metric indicating that the present value of cash inflows is less than the present value of cash outflows, suggesting the investment is not financially viable.

Initial Cost

The upfront expense incurred to purchase an asset or to initiate a project.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.

Required Rate

The minimum return an investor expects to achieve when investing in a particular asset or project.

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