Your company requires that all planned investment projects should have a positive net present value at the company cost

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answerhappygod
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Your company requires that all planned investment projects should have a positive net present value at the company cost

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Your company requires that all planned investment projects
should have a positive net present value at the company cost of
capital of 15%. Explain how this policy can lead to wrong
investment decisions for the company. (10 marks)
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