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    Principles of Corporate Finance Study Set 3
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    Exam 6: Making Investment Decisions With the Net Present Value Rule
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    When Evaluating Mutually Exclusive Projects with Positive NPV but Different
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When Evaluating Mutually Exclusive Projects with Positive NPV but Different

Question 16

Question 16

True/False

When evaluating mutually exclusive projects with positive NPV but different life spans, the proper technique to employ is the equivalent annual cash-flow approach.

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