Project Alpha expects to generate \\( \\$ 54,000 \\) in cash flows over 2 years (compared to \\( \\$ 56,000 \\) over 3 years for Project Zed). It has the same exact initial investment \\( (\\$ 35 \\mathrm{k}) \\) and rate of return (12\\%), yet has a higher NPV than project Zed. How is this possible? (3 pts) Time Value of Money Rate of Return Tax Benefits Increased ECF
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