BKG303Xuất hiện trong 1 đề thi
Assume that a firm has accurately calculated the net cash flows relating to two mutually exclusive investment proposals. If the net present value of both proposals exceeds zero and the firm is not under the constraint of capital rationing, then the firm should __________.
Các lựa chọn
Acalculate the IRRs of these investments to be certain that the IRRs are greater than the cost of capital
Bcompare the profitability index of these investments to those of other possible investments
Ccalculate the payback periods to make certain that the initial cash outlays can be recovered within an appropriate period of time
Daccept the proposal that has the largest NPV since the goal of the firm is to maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one