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Consider the following projects. Project NPV Initial Investments I $ 1 9 8 0 $ 1 0 0 0 II $ 1 3 5 0

Consider the following projects.
Project NPV Initial Investments
I $1980 $1000
II $1350 $500
III $1,120 $500
If the total budget is $1000, what is the maximum achievable NPV?

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