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1. Consider the cash flows for the following independent investment projects (MARR = 15%): Project's Cash Flow A B O $2,500 $4,000 $5,000 1,000 1,600

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1. Consider the cash flows for the following independent investment projects (MARR = 15%): Project's Cash Flow A B O $2,500 $4,000 $5,000 1,000 1,600 1,800 1,800 1,500 1,800 1,000 1,500 2,000 4 400 1,500 2,000 Project A & B are mutually exclusive and Project C is contingent upon Project B. The budget limit is $5,100. a) What is the number of mutually exclusive alternatives. b) Develop the matrix of investment alternatives, indicate which ones are not feasible, and give reasons for the infeasibility. c) Which project would you select, based on the PW criterion

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