Question: You are evaluating Project A and Project B. Project A has a short period of future cash flows, while Project B has a relatively long

You are evaluating Project A and Project B. Project A has a short period of future cash flows, while Project B has a relatively long period of future cash flows. Which project's NPV will be more sensitive to changes in the required return? Why? (You can use specific cash flow numbers for the Projects to illustrate your answer.)

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