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Unformatted text preview: positive or negative present value, based on the difference between present value inflows and outflows. A project with a negative net present value is rejected. A project with the highest positive net present value will be chosen in the case of two mutually exclusive projects. An NPV or Profitability index can be used to decide which project will be done on non-mutually exclusive projects....
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This note was uploaded on 08/21/2010 for the course FIN FIN370 taught by Professor Mr.garcia during the Fall '09 term at DeVry Long Beach.
- Fall '09