An engineer told you that a project is economically acceptable when its rate of return equals or

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An engineer told you that a project is economically acceptable when it’s rate of return equals or exceeds the corporation’s cost of capital. Is this correct? Explain your answer.

Simple and Compound Interest

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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