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Initial Investment Cash flow Project A $10 million $4 million per year for four years Project B $6 million $2 million per year for five
Initial Investment Cash flow Project A $10 million $4 million per year for four years Project B $6 million $2 million per year for five years Project C $4 million $2 million per year for four years Project D $6 million $3.0 million per year for three years An investor has a budget of $10 million. He can invest in the projects shown above. If the cost of capital is 7%, what investment or investments should he make? O A. Project A B. Project B C. Project B and Project C OD. Project C and Project D
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