What is the net present value (NPV) of a project?A) The difference between the present value of cash inflows and outflows.B) The cost of capital used to finance the project.C) The time it takes to recover the initial investment.D) The internal rate of return for the project.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter11: Capital Budgeting And Risk
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What is the net present value (NPV) of a project?
A) The difference between the present value of cash inflows and outflows.
B) The cost of capital used to finance the project.
C) The time it takes to recover the initial investment.
D) The internal rate of return for the project. 

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