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    Principles of Managerial Finance
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    Exam 12: Risk and Refinements in Capital Budgeting
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    When Unequal-Lived Projects Are Independent, the Impact of Differing Lives
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When Unequal-Lived Projects Are Independent, the Impact of Differing Lives

Question 67

Question 67

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When unequal-lived projects are independent, the impact of differing lives must be considered because the projects do not provide service over comparable time periods.

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