Refer to Problem 12-4. Now assume that Projects C and D are mutually exclusive. Project D has

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Refer to Problem 12-4. Now assume that Projects C and D are mutually exclusive. Project D has an NPV of $400,000, whereas Project C has an NPV of $350,000. Which set of projects should be accepted, and what is the firm's optimal capital budget?
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Fundamentals of Financial Management

ISBN: 978-0324272055

10th edition

Authors: Eugene F. Brigham, Joel F. Houston

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