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When considering mutually exclusive investment projects with different lives that will be replaced once they terminate, it is best to evaluate them using _________________________. a.

When considering mutually exclusive investment projects with different lives that will be replaced once they terminate, it is best to evaluate them using _________________________. a. the discounted payback rule b. the internal rate of return rule c. the equivalent annual cost rule d. the net present value rule e. the profitability index rule

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