True or false: In solving a capital budgeting problem involving investment opportunities that are divisible (i.e., you

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True or false: In solving a capital budgeting problem involving investment opportunities that are divisible (i.e., you can invest in portions of the opportunities instead of "all or nothing"), you rank the opportunities on the basis of present worth and add to the portfolio opportunities and fractions of opportunities, beginning with the largest present worth, until "the investment bucket is filled."

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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