Using the Net Present Value method of capital budgeting will always lead you to the economically correct decision because_____, however it can be misleading when comparing projects of ____.
a. NPV represents the change in shareholder wealth that accompanies the acceptance of an investment ; differing size
b. NPV considers the time value of money; differing payback periods
c. NPV considers the time value of money; differing size
d. NPV can be greater than, equal to, or less than zero; differing payback periods
Pick best answer to fill in the blanks.