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1. value: 4.00 points Yancey Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the

1.

value: 4.00 points

Yancey Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows:

Project Investment Required Net Present Value Life of the Project (years) Internal Rate of Return
A $900,000 $196,000 7 14.10%
B $700,000 $190,000 14 12.43%
C $605,000 $221,800 10 15.58%
D $784,000 $167,244 3 19.47%

The net present values above have been computed using a 8% discount rate. The company wants your assistance in determining which project to accept first, which to accept second, and so forth. The company

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