In the lecture notes we contrast Independent versus mutually exclusive projects with specific examples. Which of the following examples (according to the class slides) represents two mutually exclusive projects? None of the choices represent mutually exclusive projects. A plan to add chairs to the classroom vs. lighting in the classroom A plan to add a new "Awe-some-o* burger to the menu at Hardee's vs, adding a new coffee drink, A plan to add new high efficiency fluorescent lights to the classroom vs. high efficiency halogen lights. All of the choices represent mutually exclusive projects. QUESTION 22 State which of the following is NOT a problem of scenario analysis (as discussed in the slides? Focuses on stand-alone risk. All of the choices are problems with scenario analysis. It is measured by the g or CV of NPV, IRR O MIRR. Assumes that inputs are perfectly correlated Only considers a few possible outcomes