one of the advantages of NPV over other methods such as ARR & Payback is that considers the entire life of the Project and considers cash flow instead of profit.
My question is: if a scenario give you a period of 5 years to calculate NPV with estimated cash inflow and outflow
what happens after year 5?- Does that mean that after the 5 years the project seizes to exist?? is the 5 years the whole life of the project??