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Peter Piper's Pies (P^3) is evaluating four independent investments. The cost of each project is $214,000. The internal rates of return (IRRs) for the projects
Peter Piper's Pies (P^3) is evaluating four independent investments. The cost of each project is $214,000. The internal rates of return (IRRs) for the projects are IRR_1 = 19%, IRR_2 = 15%, IRR_3 = 18%, and IRR_4 = 14%. P^3's investment banker has provided the following WACC table: Which project(s) should P^3 purchase
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