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An investment manager is currently evaluating three projects: Project 1 requires an initial investment of $10,000 and will provide future cash flows of $26,000; the
An investment manager is currently evaluating three projects: Project 1 requires an initial investment of $10,000 and will provide future cash flows of $26,000; the PV of the future cash flows is $17,000. Project 2 requires an initial investment of $20,000 and will provide future cash flows of $60,000; the PV of the future cash flows is $31,000. Project 3 requires an initial investment of $30,000 and will provide future cash flows of $100,000; the PV of the future
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