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All of the following are acceptable approaches for comparing investment choices where the lengths of the investments lifespans differ except: Set the planning horizon equal
All of the following are acceptable approaches for comparing investment choices where the lengths of the investments lifespans differ except:
Set the planning horizon equal to the average life of the alternatives. |
| Set the planning horizon equal to the shortest life among the alternatives. |
| Set the planning horizon equal to the longest life among the alternatives. |
| Use an infinitely long planning horizon. |
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