mdrehan4

[mdrehan4]

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Thank you Christine, I got it but the confusion is with these sentences “a wealth-diminishing project may be undertaken” when NPV<cost and “a wealth-enhancing project may not be undertaken.” when NPV>cost.

[mdrehan4]

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Thank you so much, Zee. I really appreciate the time and effort you have taken in giving an elaborate reply to my query. Your response gave me an insight as to how I should go about it.

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