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Assuming a maximum capital budget of $450,000, which of the independent projects listed i the table below should be accepted? Please make sure you explain

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Assuming a maximum capital budget of $450,000, which of the independent projects listed i the table below should be accepted? Please make sure you explain and justify your answer and/or show any calculations. Project Initial Outlay NPV/PW 210,000 54,000 135,000 36,000 120,000 33,000 D 150,000 42,000

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