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An oil and gas company considers five sizes of pipe for a new pipeline. The costs for each size are provided below. If all pipes

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An oil and gas company considers five sizes of pipe for a new pipeline. The costs for each size are provided below. If all pipes will last over the provided lifetimes and the company's minimum attractive rate of return (MARR) is 10%, which size of pipe would you choose according to the: a) Payback period b) Rate of return (ROR) c) Discounted profit to investment ratio (DPI) d) Annual worth criterion (AW)

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