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3. NPV and Profitability Index A company finds the following available projects: (a) Suppose that the company has no limit to the available fund today.
3. NPV and Profitability Index A company finds the following available projects: (a) Suppose that the company has no limit to the available fund today. Which projects should the company undertake based on NPV? (b) Suppose that the company has limit in its fund: it can spend only up to $70,000. Which projects should the company undertake
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