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Below is a set of equal-life projects. Which alternative(s) would you chose if the projects are: (a) mutually exclusive, and (b) independent. For case (b)

Below is a set of equal-life projects. Which alternative(s) would you chose if the projects are:

(a) mutually exclusive, and (b) independent.

For case (b) What could limit you from making the choice(s) that you suggest are justified. Note: no calculations are necessary, however you must clearly justify your answers.

Projects A B C D E Net Present Worth 2,300 -5,000 4,000 -350 1,000

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