Question: QUESTION 5 1. If it is necessary to use the cash-flow approach in a replacement analysis (i.e., subtracting the trade in value from the initial

QUESTION 5 1. If it is necessary to use the cash-flow approach in a replacement analysis (i.e., subtracting the trade in value from the initial cost of the challenger), the remaining life of the defender must be the same as that of the challenger. C True C False
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