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Suppose three investments have equal lives and multiple cash flows. A high discount rate tends to favor: O The investment with large cash flows early.

Suppose three investments have equal lives and multiple cash flows. A high discount rate tends to favor: O The investment with large cash flows early. O The investment with large cash flows late. O The investment with even cash flows. O None of the investments, since they have equal lives.
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Suppose three investments have equal lives and multiple cash flows. A high discount rate tends to favor: The investment with large cash flows early. The investment with large cash flows late. The investment with even cash flows. None of the investments, since they have equal lives

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