In a replacement study, the correct value for the first cost of the challenger is: a. the

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In a replacement study, the correct value for the first cost of the challenger is:

a. the cost when it is purchased.

b. the first cost minus the trade-in value of the defender.

c. its first cost plus the trade-in value of the defender.

d. the book value of the defender.

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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