Question

Net present value will be greater

A) as a fixed set of cash receipts occurs later rather than earlier

B) as the total of the cash receipts, made in same time periods, is smaller

C) for one end-of-year receipt of $1200 than for twelve monthly receipts of $100 each

D) for a 4% discount rate than for a 6% discount rate

E) All of the above are true.

Answer

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