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Your boss wants you to evaluate an investment opportunity. You decide that the best approach is to calculate the sum of the present values of

Your boss wants you to evaluate an investment opportunity. You decide that the best approach is to calculate the sum of the present values of its expected cash flows. Which of the following would most likely increase the calculated value of the investment?

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The discount rate decreases.

The total amount of cash flows remains the same, but the time before you receive the first cash flow increases.

Interest rates significantly increase.

The discount rate increases.

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