Assume an alternative has a 3-year life and thatyou

Chapter 6, Problem 6.2

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Assume an alternative has a 3-year life and thatyou calculated its AW value over its 3-year lifecycle. If you were asked to provide the AW valueof the alternative for a 4-year study period, is theAW value you calculated for the alternatives3-year life cycle a valid estimate of the AW overthe 4-year study period? Why or why not?

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