Use the same data as in exercise 16.13 and assume that Projects A and B are mutually
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Use the same data as in exercise 16.13 and assume that Projects A and B are mutually exclusive and that the projects are indivisible. Determine the optimal investment policy for the company. 16-15 Refer to the data in exercise 16.16. Assume that the projects available to Morris and Associates are indivisible. Determine the optimal investment policy for the partnership.
Show supporting calculations.
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