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Q2. Suppose you decide to depreciate the assets over the full 10 years of the project, instead of the first 6 years. You again will
Q2. Suppose you decide to depreciate the assets over the full 10 years of the project, instead of the first 6 years. You again will use straight-line depreciation. If you spread depreciation over a longer period of time, what would happen to the Payback Period of the project increase, decrease, remain unchanged? Justify your answer.
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