Question: A project has cash flows of:Initial investment $ 2 , 0 0 0 , 0 0 0 , Year 1 : $ 6 0 0
A project has cash flows of:Initial investment $ Year : $ Year : $ Year : $ Year : $ Year : $If the discount rate applied to the project is doubled from what happens to the discounted payback period of the project?None of these answers are correct.It increases, by more than double.It increases, by less than double.It reduces, by less than half.
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