A capital investment project will have a higher net present value, everything else being equal, if it has:

A capital investment project will have a higher net present value, everything else being equal, if it has:
A . A higher initial investment level.
B . A higher discount rate.
C . Cash inflows that are larger in the later years of the life of the project.
D . Cash inflows that are larger in the earlier years of the life of the project.

Answer: D