Question
We discussed several issues that occur in capital budgeting including (but not limited to): mutually exclusive projects, cash flow signs changing more than once, and
We discussed several issues that occur in capital budgeting including (but not limited to): mutually exclusive projects, cash flow signs changing more than once, and unequal lives. Can you think of an example that would illustrate one or more of these issues in the real world? This could be an actual experience (perhaps from your own work experience or something you read in the news) or hypothetical. If this is a real example, how was the problem dealt with? Do you agree with the solution? If this was a hypothetical situation, how would you deal with it in practice given what we have discussed in this chapter?
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