When two or more mutually exclusive alternative investments have unequal ____, neither the net present value nor the internal rate of return method yields reliable accept-reject information unless the projects are evaluated for an equal period of time.
A) lives
B) net cash flows
C) net investments
D) None of these are correct

Question

Quizplus · Accepted Answer

The Answer is A

When Two or More Mutually Exclusive Alternative Investments Have Unequal