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Enterprise Partner Solutions estimates that its cost of capital (WACC) is 8.95%. The company is considering the following capital budgeting projects. Project A, which has

Enterprise Partner Solutions estimates that its cost of capital (WACC) is 8.95%. The company is considering the following capital budgeting projects. Project A, which has a rate of return of 12.0%; Project B, which has a rate of return of 9/0%; and Project C, which has a rate of return of 8.0%. Which of the projects should be accepted? All projects are independent and so more than one project may be selected if desirable.

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