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1. A small manufacturing firm, which has limited access to capital, has a capital rationing constraint of $150 million and is faced with the following

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1. A small manufacturing firm, which has limited access to capital, has a capital rationing constraint of $150 million and is faced with the following investment projects (numbers in millions): Project Initial Investment NPV A $25 $10 B $30 $25 C $40 $20 D $10 $10 $15 $10 F $60 $20 G $20 $10 H $25 $20 $35 $10 J $15 $5 a. Which of these projects would you accept? Why? b. What is the cost of the capital rationing constraint

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