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Consider a 5-year project with an upfront investment (negative cash flow in Year 0) followed by positive cash flows in all subsequent years of the
Consider a 5-year project with an upfront investment (negative cash flow in Year 0) followed by positive cash flows in all subsequent years of the project. Which of the following statements on project's NPV is correct? a. The NPV will not be effected if you decrease the discount rate b. The NPV will not be effected if you increase the discount rate c. The NPV of the project will increase as you decrease the discount rate d. The NPV of the project will increase as you increase the discount rate e. The NPV of the project will decrease as you decrease the discount rate
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