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What is NPV? what we need to know for F5 exams?
it is not explained in study text.
the context i encourtered was
company accepts a project if its NPV increases.
NPV’s are not in the syllabus for Paper F5 (they are Paper F2, F9 and P4).
(We accept the project if the NPV is positive, and reject it if the NPV is negative.)
