Question: If a project's discounted payback period is less than its useful life, a . its cost - recovery time should exceed the maximum cost -
If a project's discounted payback period is less than its useful life,
a its costrecovery time should exceed the maximum costrecovery time established by the firm
b the present value of its future cash flows exceeds its initial cost
c the present value of its future cash inflows is greater that the future value of its initial cost
d its future cash inflows are less than its initial cost
e the terminal value of its future cash inflows is less than the future value of its initial cost
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