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The capital budgeting manager for XYZ Corp, a very profitable high technology company, completed her analysis of Project A assuming 5-year deprecation. Her accountant reviews

The capital budgeting manager for XYZ Corp, a very profitable high technology company, completed her analysis of Project A assuming 5-year deprecation. Her accountant reviews the analysis and changes the deprecation method to 3-year deprecation. This change will: A) Decrease the present value of the NCFs B) Increase the present value of the NCFs C) Have no effect on the NCFs because deprecation is a non-cash expense

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