Question: Time left 0 : 2 3 : 4 2 A Project's payback period is determined to be four years. If it is later discovered that
Time left ::
A Project's payback period is determined to be four years. If it is later discovered that additional cash flows will be generated in years five and six, then:
a the Project's payback period will be reduced.
b the Project's payback period will be increased.
c the discount rate must be known to determine whether the payback period changes.
d the Project's payback period will be unchanged.
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