Question: If a project with conventional cash flows has a payback period less than the project's life, can you definitely 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 definitely state the algebraic sign of the NPV? Why or 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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