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The NordKorina's project requires initial investments of $15M and its NPV is $1M. The project has all positive cash flows and appropriate discount rate is
The NordKorina's project requires initial investments of $15M and its NPV is $1M. The project has all positive cash flows and appropriate discount rate is 15%.
What is true?
I . The undiscounted payback period is shorter than the project's life.
II. The discounted payback period is shorter than the project's life.
I and II | ||
I only | ||
None of the above | ||
II only |
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