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Topic: Business
Number of pages / Number of words: 4 / 888
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The|

| |venture with his company. The numbers will tell which investment is a |value of the firm is simply the sum |

| |better pursuit. |of the present values of the |

| | |individual net cash flows. Net |

| |Firms and individuals invest in large variety of assets. Some are real |Present Value = Present Value minus |

| |assets and some are financial assets...


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|of the present values of the |

| | |individual net cash flows. Net |

| |Firms and individuals invest in large variety of assets. Some are real |Present Value = Present Value minus |

| |assets and some are financial assets. The object of an investment is to |Cost, NPV = PV – C |

| |maximize the value of the investment (Ross-Westerfield-Jaffee, 2005, pg...


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