18. True or False: In solving a capital budgeting problem involving investment opportunities that are divisible (i.e.,

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18. 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 internal rate of return and add to the portfolio opportunities and fractions of opportunities, beginning with the largest internal rate of return, until “the investment bucket is fi lled.”

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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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