Question: When projects are mutually exclusive, can be undertaken only once, and capital is unconstrained, selection should be made according to the project with the: a)
When projects are mutually exclusive, can be undertaken only once, and capital is unconstrained, selection should be made according to the project with the: a) longer life. b) larger initial size. c) highest IRR. d) highest NPV. e) highest PVI (present value index).
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