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Aramco company has a cost of capital of 13 percent and is evaluating three capital projects. The internal rates of return are as follows:
Aramco company has a cost of capital of 13 percent and is evaluating three capital projects. The internal rates of return are as follows: Project 1 3 Internal Rate of Return 15 13 12% The firm should O a. accept Project 2 and reject Projects 1 and 3 O b. accept Project 1 and reject Projects 2 and 3 Oc accept Projects 2 and 3 and reject Project 1 O d. accept Project 3 and reject Projects 1 and 2
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