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Q) The following independent projects are under consideration: Project Initial investment PV of the cash flows A 100 120 B 150 180 C 200 220

Q) The following independent projects are under consideration:

Project Initial investment PV of the cash flows
A 100 120
B 150 180
C 200 220
D 400 320
E 10 30
F 280 305

a) Rank the projects in terms of NPV and PI

b) If the capital budget is 600, determine which projects should be approved

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