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Appendix 13A) Suppose an investment has cash inflows of R dollars at the end of each year for two years. What will be the present

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Appendix 13A) Suppose an investment has cash inflows of R dollars at the end of each year for two years. What will be the present value of these cash inflows using a 12% discount rate? Less than under a 10% discount rate O sometimes greater than under a 10% discount rate and sometimes less, it depends on R 0 Equal to that under a 10% discount rate. O Greater than under a 10% discount rate

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