Finally, Darrell decided to calculate the rate of return for the cash flows of each process over

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Finally, Darrell decided to calculate the rate of return for the cash flows of each process over its respective life.

(a) Which process does this analysis indicate is better?

(b) Explain the fundamental assumptions and errors made when this approach is used. (Hint: Before answering, review Sections

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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