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Apple Industries, a firm with unlimited funds, is evaluating five projects. Projects A and B are independent and Projects C, D, and E are

Apple Industries, a firm with unlimited funds, is evaluating five projects. Projects A and B are independent

Apple Industries, a firm with unlimited funds, is evaluating five projects. Projects A and B are independent and Projects C, D, and E are mutually exclusive. The projects are listed with their rate of return and NPV. Assume that the applicable discount rate is 10%. Project Status A Independent B Independent C Mutually Exclusive D Mutually Exclusive E Mutually Exclusive Rate of Return Net Present Value 14% 12% 11% 15% 12% Rank the projects the firm should select. $10,500 $13,400 $16,000 $14,000 $11,500

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