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Explain the difference between independent, mutually exclusive, and contingent investment projects. Imagine that you work for Ford, the car manufacturer. Give examples of each type
Explain the difference between independent, mutually exclusive, and contingent investment projects. Imagine that you work for Ford, the car manufacturer. Give examples of each type of project that they might be considering. [Note: you dont have to do any research about Ford to answer this question. Just think of potential projects that a company like Ford might consider which would fit in each category, to show me that you understand the difference between the three types.]
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