17. True or False: In solving a capital budgeting problem involving investment opportunities that are divisible (i.e.,
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17. True or False: In solving a capital budgeting problem involving investment opportunities that are divisible (i.e., you can invest in portions of the opportunities instead of “all or nothing”), you rank the opportunities on the basis of present worth and add to the portfolio opportunities and fractions of opportunities, beginning with the largest present worth, until “the investment bucket is fi lled.”
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Related Book For
Fundamentals Of Engineering Economic Analysis
ISBN: 9781118414705
1st Edition
Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt
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