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全部科目 > 财经类 > 金融理财 > 特许金融分析CFA考试

单项选择题

An analyst is developing net present value (NPV)profiles for two investment projects.The only difference between the two projects is that Project 1 is expected to receive larger cash flows early in the life of the project,while Project 2 is expected to receive larger cash flows late in the life of the project.The sensitivities of the projects’NPVs to changes in the discount rate is best described as:()

    A.equal for the two projects.
    B.lower for Project 1 than for Project 2.
    C.greater for Project 1than for Project 2.

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