Hello, may I know what would be the actual cases or real life examples that NPV increases with discounted rate? As far as I know, if the discount rate increases (in case the depreciation rate of the equipment bought increases), the NPV would decrease.

Limitations of IRR Rule Reverse cash flows 2 period cashflows 0 100 1 -30 3 -30 4 -30 -30 30 NPV 20 10 0 -10 0% 2% 49% 6% 8% 10% 12% 14% 16% 18% 20% -20 -30