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Metal Fiber Industries is considering four average risk projects with the following costs and rates of return: Projects Required Investment Expected Rate of Return 1

Metal Fiber Industries is considering four average risk projects with the following costs and rates of return:

Projects

Required Investment

Expected Rate of Return

4 million

14%

5 million

15%

3 million

13.5%

6 million

14.5%

c. Which projects should Metal Fiber Industries accept?

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