Question: If two investments have the same initial cost and equal lives, a high cost of capital tends to favor the investment with even cash inflows.

 If two investments have the same initial cost and equal lives,

If two investments have the same initial cost and equal lives, a high cost of capital tends to favor the investment with even cash inflows. the investment with larger cash inflows early. neither investment, since discount rates have nothing to do with value. the investment with larger cash inflows late. neither investment, since they have equal lives

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