0589dbcf__Papers_and_Solved_Assignments__B
[0] 18 [A] Disadvantages of Net Present value [B] 
It presupposes that the discounting rate is known , It may give dissatisfactory results if the alternative projects involve varying investment outlay , It presupposes that cash inflows can be reinvested immediately to yield the return equivalent to the discounting rate which may not be possible
SCDL Sample Papers and Solved Assignments
B