Suppose in the previous problem that LISC always needs a conveyor belt system; when one wears out,

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Suppose in the previous problem that LISC always needs a conveyor belt system; when one wears out, it must be replaced. Which project should the firm choose now?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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