Question
A project has an initial cash outflow followed by five years of cash inflows. Given this information, an increase in the discount rate will result
A project has an initial cash outflow followed by five years of cash inflows. Given this information, an increase in the discount rate will result in a decrease in the projects present value.
True or false?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
