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When several alternative investment proposals of the same amount are being considered, the one with the largest net present value is the most desirable. If

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When several alternative investment proposals of the same amount are being considered, the one with the largest net present value is the most desirable. If the alternative proposals involve differen amounts of investment, it is useful to prepare a relative ranking of the proposals by using a(n) a. average rate of return index b. price-level index C. consumer price index d. present value index

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