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an investor has a budget of $5 million. he can invest in the projects shown above. if the cost of capital is 7%, what investment

an investor has a budget of $5 million. he can invest in the projects shown above. if the cost of capital is 7%, what investment or investments should he make? image text in transcribed
Initial Investment Cash flow Project A $5 million $2 million per year for four years Project B 53 million $1 million per year for five years Project C $2 million $1 million per year for four years Project D $3 million $1.5 million per year for three years An investor has a budget of $5 million. He can invest in the projects shown above. If the cost of capital is 7%, what inve O A. Project O B. Project B OC. Project B and Project C OD. Project C and Project D

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