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Example 1 Evaluate the following projects, given a $200 million budget. PV (NCF 1 (millions)(millions) Project ICO 1-n $200 120 80 $300 185 150

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Example 1 Evaluate the following projects, given a $200 million budget. PV (NCF 1 (millions)(millions) Project ICO 1-n $200 120 80 $300 185 150

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