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    Principles of Managerial Finance
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    Exam 12: Risk and Refinements in Capital Budgeting
  5. Question
    The Annualized Net Present Value Approach Used to Evaluate Projects
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The Annualized Net Present Value Approach Used to Evaluate Projects

Question 19

Question 19

True/False

The annualized net present value approach used to evaluate projects with unequal lives converts the net present value of unequal-lived, mutually exclusive projects into an equivalent annual amount.

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