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QUESTION

I need 400 words count.

I need 400 words count. If you cant give it to me please dont answer and take my money.

Explain why the NPV of a relatively long-term project, defined as one for which a high percentage of its cash flows are expected in the distant future, is more sensitive to changes in the required rate of return than is the NPV of a short-term project. In addition, please provide an example to better demonstrate your explanation.

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