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The net present value of a project is smaller when: The required rate is lower Cash inflows are pushed farther into the future The initial

image text in transcribedimage text in transcribed The net present value of a project is smaller when: The required rate is lower Cash inflows are pushed farther into the future The initial outlay is decreased None of the above 2.96 years 3.14 years 3.05 years 3.55 years 2.84 years

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