Which of the following are merits of NPV method of capital budgeting?
A. Considers all cash flows.
B. Consider the time value of money.
C. Give more weightage to future receipt.
D. Satisfies the value additivity principle.
E. No relation with the wealth maximisation principle.
Choose the correct answer from the options given below:
1
A, B, C only
2
C, D, E only
3
B, C, E only
4
A, B, D only