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QUESTION 22 5 points Saved Table 10.5 Galaxy Satellite Co. is attempting to select the best group of independent projects competing for the firm's fixed

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QUESTION 22 5 points Saved Table 10.5 Galaxy Satellite Co. is attempting to select the best group of independent projects competing for the firm's fixed capital budget of $10,000,000. Any unused portion of this budget will earn less than its 20 percent cost of capital. A summary of key data about the proposed projects follows. PV of Inflow's Project Initial Investment IRR at 20% A $3,000,000 21% $3,050,000 9,000,000 9,320,000 c 1,000,000 24 1,050,000 D 7,000,000 23 7,350,000 B 25 Which projects should the firm Implement? (See Table 10,5) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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