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which of the following characterizes a good investment decision rule? 1- it allows for both objective...

which of the following characterizes a good investment decision rule?

1- it allows for both objective consistency and managerial judgment

2- it promotes decisions that result in increasing the value of the firm

3- it is robust enough to be useful for analyzing a variety of investments

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Answer #1

Answer: Option 2 is correct
A good investment decision rule results in increasing the value of a firm

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