Hijnx is formulating its financial regulations after an unsuccessful attempt at IPO. The choice for Hijnx involvethe owner funding its development, despite having the expertise that its real estate plan may be put under pressure.
Financial Statements 95-97
NPV and IRR for A and C malls
Which projects should it pursue?
Should the company maximize the net present value of its invested dollars, or the internal rate of return (IRR) on its projects?
When should leverage be used to enhance returns?
The proper financial policy for the company?