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A company has unlimited capital funds to invest. The decision rule for the company to follow in order to maximize shareholder's wealth is to invest ?

in all projects having a. present value greater than zero b. Net present value greater than zero c. Internal rate of return greater than zero. d. Accounting rate of return greater than the hurdle rate used in capital budgeting analyses.

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Question added by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date Posted: 2014/04/01
Milind Dalvi
by Milind Dalvi , Chief Executive Officer , Association of Investment Bankers of India

To invest in all such projects where the return on investment is greater than cost of capital. 

Tarek Elsaba
by Tarek Elsaba , Financial Manager , Intermaint for Engineering Services

b.Net present value greater than zero c

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