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An auto manufacturing company is preparing a capital budget and considering four long-term investments. The net present value of each project is as follows: Project
An auto manufacturing company is preparing a capital budget and considering four long-term investments. The net present value of each project is as follows:
- Project A: 0.25
- Project B: 0
- Project C: -0.5
- Project D: 1.5
In theory, which two projects should the company pursue?
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