Question
4-A company has $80,000 capital budget and has the opportunity to invest in the following five independent projects. The initial investment and NPV of the
4-A company has $80,000 capital budget and has the opportunity to invest in the following five independent projects. The initial investment and NPV of the projects are shown in the table below. Which projects should this company invest?
Investment Outlay NPV
Project 1 -$45,000 18,000
Project 2 -$40,000 16,000
Project 3 -$20,000 9,000
Project 4 -$18,000 8,000
Project 5 -$15,000 4,000
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The New Market Wizards Conversations With Americas Top Traders
Authors: Jack D. Schwager
1st Edition
0887306675, 978-0887306679
