Question
Following three projects are contingent: Project A -5,000 Project B -6,000 Project C -7,000 3,500 2,500 1,500 2,000 2,000 1,500 2,000 3,000 1,500 1,500 2,000
Following three projects are contingent:
Project A
-5,000
Project B
-6,000
Project C
-7,000
3,500
2,500
1,500
2,000
2,000
1,500
2,000
3,000
1,500
1,500
2,000
2,500
The highest financing rate to accept all projects is_
(a) 14.90%
(b) 17.71%
(c) 15.92%
(d) 14.92%
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
