Three alternatives are being considered. Alternative A has a useful life of 5 years; Alternative B, 6

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Three alternatives are being considered. Alternative A has a useful life of 5 years; Alternative B, 6 years; and Alternative C, 8 years. Using the least-common-multiple approach, what is the planning horizon?

a. 30 years

b. 48 years

c. 120 years

d. 240 years

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