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Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows:

Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows:
\table[[Project,\table[[Investment],[Required]],\table[[Present],[Value of],[Cash Inflows]],\table[[Life of],[the],[Project],[(years)]],\table[[Internal],[Rate],[of Return]]],[A,$140,000,$304,323,7,14%
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