Present Values of Alternative Projects of Different Lengths of Time

Multiple Choice

Present values of alternative projects of different lengths of time cannot be compared directly because

A) the net benefits must be analyzed carefully in the more distant future
B) the discounted net benefits in more distant years will be smaller, all else equal
C) the net benefits can be compared directly.The premise of this question is incorrect.
D) If a project lasting for fewer years can be repeated, its present value will be underestimated using standard analysis