1. Lease payments represent a desired rate of return to the__________________. 2. If two mutually exclusive projects have unequal lives, either of the two methods may be used for the analysis:...

1. Lease payments represent a desired rate of return to the__________________.

2. If two mutually exclusive projects have unequal lives, either of the two methods may be used for the analysis: the________________ and the______________ .

3. The______________ overcomes many of the IRR’s disadvantages.

4. Real options involve the right to buy or sell ______________, not__________ .