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Project Mand N are alternative Investment proposal. Both have the same 10 year life wpan but different cost of capitals You have been hired as

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Project Mand N are alternative Investment proposal. Both have the same 10 year life wpan but different cost of capitals You have been hired as the consultant and have prepared a NPV Worksheet. Year 10 has a Discount Rate of 2.70 Cor. And 0.65 for N. How would you interpret this for the client Each present dollar is worth more in Year 10 for M than N There is no difference in the present value of the 10th year M and N dollars O Each year 10 dollar is worth more today for N than M O Each year 10 dollar is worth more today for M than N Each present dollar is worth more in Year 10 for 1 than M

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