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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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