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Upstream (headwater) depth is determined by the stream.
Payback Period
The length of time required to recover the cost of an investment or to reach a breakeven point.
Independent Project
A project whose acceptance or rejection does not directly affect the decision to undertake other projects.
Conventional Cash Flows
Conventional Cash Flows refer to a pattern of cash flows where an initial investment is followed by a series of positive cash inflows, typical of most investment projects.
Net Present Value
A financial metric that calculates the present value of all cash inflows and outflows associated with an investment, considering the time value of money.
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