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[ 4 pts. ] Tuggle, Inc., which manufactures rigid shaft couplings has $1,000,000 to invest. The company is considering three different projects that will yield
[ 4 pts. ] Tuggle, Inc., which manufactures rigid shaft couplings has $1,000,000 to invest. The company is considering three different projects that will yield the following rates of retum. If Tuggle's MARR is 15% per year and it invests in all three projects, which of the following value is closest to the rate of return that the company will make? Projects Y z Initial Investment, (S) 200,000 200,000 600,000 Rate of Return, (%) 29 17 25 Select one: a. 22 b. 23 c. 19 d. 24
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