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3. RuiChris Bank is analyzing 2 projects to integrate an asset management (AM) department and an external asset management (EAM) department. The project 1 AM

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3. RuiChris Bank is analyzing 2 projects to integrate an asset management (AM) department and an external asset management (EAM) department. The project 1 AM NPV is 1 million and Project 2 EAM NPV is 2 million. Assuming that the projects are not independent, which project will the bank choose? 5 points

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