What is the relative importance of cash flow and cost of


1. What is the relative importance of cash flow and cost of capital errors for a 10-year project?

2. What is the relative importance of cash flow and cost of capital errors for a 100-year project?

3. Is discount rate uncertainty relatively more problematic for long-term or for short-term projects?

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Financial Management: What is the relative importance of cash flow and cost of
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