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Company X received the approval to start no more than two projects in the current calendar year. Three different projects were recommended, each of which

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Company X received the approval to start no more than two projects in the current calendar year. Three different projects were recommended, each of which requires an investment of 800 to be made at the beginning of year 1 . The cash flows for each of the three projects are as follows: The company uses an annual effective interest rate of 10% to discount its cash flows. Determine which combination of projects the company should select. Projects A and B Projects B and C Projects A and C Project A only The company uses an annual effective interest rate of 10% to discount its cash flows. Determine which combination of projects the company should select. Projects A and B Projects B and C Projects A and C Project A only Project B only

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