Three alternatives are being considered alternative a has a, Business Economics

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Three alternatives are being considered alternative a has a

Three alternatives are being considered. Alternative A has a useful life of 3 years;

Alternative B, 5 years; and Alternative C, 6 years. Using the longest life (LCM) approach, what is the planning horizon?

6 years, 14 years, 18 years, 30 years, 40 years?

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