In the book Foundations of Financial management 7th ed Stanl
In the book Foundations of Financial management (7th ed.). Stanley B, Block and Geofrey A, Hirt discuss a semiconductor firm that is considering two choices: expanding the production of semiconductors for sale to end users or entering the highly competitive home computer market. The cost of both projects is $60 million. but the net present value of the cash flows sales and the risks are different.
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