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2) (15 pts) In the annual meeting of shareholders, the manager of a pension fund that owns a substantial amount of the firm's stock asked
2) (15 pts) In the annual meeting of shareholders, the manager of a pension fund that owns a substantial amount of the firm's stock asked you why the firm chose project A instead of Project B when Project B has a higher PI. How would you, the CFO, justify your firm's action? co cie C22 Pie Project Ac -$1,000 $1,000 $5002 1.32 Project B4 -$5002 $500 $400 1.572 t T
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