Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 25

All of the following are true when formulating mutually exclusive bundles of independent projects except:
a) One of the bundles is the do-nothing project.
b) A bundle may consist of only one project.
c) The capital limit may be exceeded as long as it is exceeded by less than 3%.
d) A bundle may include contingent and dependent projects.