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    Principles of Managerial Finance
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    Exam 10: Capital Budgeting Techniques
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    In General, Projects with Similar-Sized Investments and Lower Early-Year Cash
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In General, Projects with Similar-Sized Investments and Lower Early-Year Cash

Question 38

Question 38

True/False

In general, projects with similar-sized investments and lower early-year cash inflows (lower cash inflows in the early years) tend to be preferred at higher discount rates.

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