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Based on the information provided below, which project would you recommend for being pursued? Project I, with BCR (Benefit Cost ratio) of 1:1.6; Project II,

Based on the information provided below, which project would you recommend for being pursued?

Project I, with BCR (Benefit Cost ratio) of 1:1.6; Project II, with NPV of US $ 500,000; Project III, with IRR (Internal rate of return) of 15% Project IV, with opportunity cost of US $ 500,000.

A. Project I B. Project III C. Either Project II or IV D. Can not say from the data provided

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