At higher rates of return,the net present value of the investment goes $\underline { \text { up. } }$________________________

Name: At higher rates of return,the net present value of the investment goes $\underline { \text { up. } }$________________________
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The net present value (NPV) of an investment decreases as the discount rate (rate of return) increases, because future cash flows are discounted more heavily.

At Higher Rates of Return,the Net Present Value of the Investment