6 In capital budgeting, when the present worth overthe

Chapter 12, Problem 12.36

(choose chapter or problem)

6 In capital budgeting, when the present worth overthe respective life of each project is used to selectindependent projects, all positive net cash flowsare assumed to be:(a) Reinvested at the MARR through the end ofthe shortest-lived project(b) Reinvested at the internal rate of return of theproject through the end of the longest-livedproject(c) Reinvested at the MARR through the leastcommon multiple of years of all of the projects(d) Reinvested at the MARR through the end ofthe longest-lived project

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