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A project that incurs costs in early years and yields benefits in later years has been estimated to have costs just equal to benefits, in present value terms and ignoring risk factors. The project would be reevaluated as having greater benefits than costs if a. the discount factor were lowered. b. the discount rate were lowered. c. the discount rate were raised. d. either a or b was true

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Business Economics, Economics

Category:- Business Economics
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