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Four alternative investments have the following lifetimes. Alternative !'s lifetime is 4 years. Alternative 2's lifetime is 2 years. Alternative 3's lifetime is 6 years.
Four alternative investments have the following lifetimes. Alternative !'s lifetime is 4 years. Alternative 2's lifetime is 2 years. Alternative 3's lifetime is 6 years. Alternative 4's lifetime is 4 years.
Which of the following is an appropriate planning horizon to consider for evaluating the four alternatives?
A. | 10 years | |
B. | 24 years | |
C. | 8 years | |
D. | 12 years |
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