Question: If a project with conventional cash flows has a payback period less than the project's life, can you definitively state the algebraic sign of the
If a project with conventional cash flows has a payback period less than the project's life, can you definitively state the algebraic sign of the NPV ? Why or not why not? If you know that the discounted payback period is less than the project's life, what can you say about the NPV ? Explain
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