IN A NPV CALCULATION, THE INITIAL CASH FLOW IS

50. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN 50. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
50. In a NPV calculation, the initial cash flow is: a. The capital investment that is necessary for the project and represents a positive cash flow. b. The salvage value of the project and represents a negative cash flow. c. The initial return from the project and represents a positive cash flow. d. The capital investment that is necessary for the project and represents a negative