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Assume Microsoft Co. has the following independent projects to choose from (numbers are in $ millions). NPV Initial Investment Project Project A Project B Project

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Assume Microsoft Co. has the following independent projects to choose from (numbers are in $ millions). NPV Initial Investment Project Project A Project B Project C 500 440 200 60 30 30 If they have a $60 million to spend on projects, which project(s) would they choose to maximize their wealth? O Projects A and C O Project B and C Project A O Project B

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