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Problem: How does the net present value (NPV) decision rule relate to the primary goal of financial management, which is creating wealth for shareholders?What are the two primary lessons learned from capital market history? What evidence is there to suggest these lessons are correct?You want to invest in an index fund which directly correlates to the overall South African stock market. How can you determine if the market risk premium you are expecting to earn is reasonable for the long-term? Explain your answers and provides examples.

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