You have determined the profitability of a planned project by finding the present value of all the cash flows from that project. Which of the following statements would cause the project to look less appealing in terms of the present value of those cash flows?

	The discount rate decreases.
	The cash flows are extended over a shorter longer period of time, but the total amount of the cash flows remains the same.
	The discount rate remains constant.
	Answers b and c above
	None of the above.