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A firm has the following investment opportunities: Investment NPV

A firm has the following investment opportunities:

Investment NPV IRR

PROJECT A $150,000 $30,000 14%

PROJECT B $125,000 $20,000 11%

PROJECT C $100,000 $25,000 13%

If the cost of capital is 10%, and the capital budget is limited to $280,000, which project(s) should the firm undertake?

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