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    Principles of Managerial Finance
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    Exam 12: Risk and Refinements in Capital Budgeting
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    In Case of Unequal-Lived, Mutually Exclusive Projects, the Use of Net
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In Case of Unequal-Lived, Mutually Exclusive Projects, the Use of Net

Question 94

Question 94

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In case of unequal-lived, mutually exclusive projects, the use of net present value to select the better project results in an incorrect decision.

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