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How can the value of lives from a finance point of view

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Problem 1: War can be approached as a capital budgeting project. The Federal Aviation Authority (FAA) and several courts in the U.S. have placed a monetary value on a human life. Given there will be lives lost but also saved as a result of war, how can the value of lives from a finance point of view be quantified in your opinion?

Reference no: EM132659524

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