Question: When comparing end-loaded cash flows to front-loaded cash flows at low discount rates , the net present value (NPV) of the end-loaded cash flows will
When comparing end-loaded cash flows to front-loaded cash flows at low discount rates, the net present value (NPV) of the end-loaded cash flows will be _____ than the net present value (NPV) of the front-loaded cash flows.
A. above
B. below
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