Explain why a mere comparison of the npvs of unequal-lived


Explain why a mere comparison of the NPVs of unequal-lived, ongoing, mutually exclusive projects is inappropriate. Describe the annualized net present value (ANPV) approach for comparing unequal-lived, mutually exclusive projects.

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Finance Basics: Explain why a mere comparison of the npvs of unequal-lived
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