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Consider the following projects. Project NPV Initial Investments I $1980 $1000 II $1350 $500 III $1,209 $500 If the total budget is $1000, what is

Consider the following projects.

Project NPV Initial Investments
I $1980 $1000
II $1350 $500
III $1,209 $500

If the total budget is $1000, what is the maximum achievable NPV?

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