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Please show work. Thank you Initial Investment Cash flow Project A $35 million $14 million per year for four years Project B $21 million $7
Please show work. Thank you
Initial Investment | Cash flow | |
Project A | $35 million | $14 million per year for four years |
Project B | $21 million | $7 million per year for five years |
Project C | $14 million | $7 million per year for four years |
Project D | $21 million | $10.5 million per year for three years |
An investor has a budget of $35 million. He can invest in the projects shown above. If the cost of capital is 8%, what investment or investments should he make? |
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