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Bell Weather Good has several proposed independent projects that have positive NPVs. However the firm can only initiate one of the projects due to the

Bell Weather Good has several proposed independent projects that have positive NPVs. However the firm can only initiate one of the projects due to the lack of financing. Please explain what type of capital rationing the firm is facing. Explain what other type of capital rationing exists? How do you propose that Bell Weather Goods select their project?

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