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Question 4 (3 points) A Toronto based company wants to convert an old building into a casino. The following related, but not mutually exclusive add-on
Question 4 (3 points) A Toronto based company wants to convert an old building into a casino. The following related, but not mutually exclusive add-on projects are considered to complement the casino. Project Initial cost Additional yearly revenue A. Large pool $ 5 million $ 1 million B. Tourist attraction $ 10 million $ 2 million C. Luxury hotel $ 15 million $ 6 million D. Gourmet restaurant $ 8 million $ 4 million The company wishes to invest $8 million in add-on projects and the maximum budget is limited to $20 million. Minimum additional yearly revenues of $5 million are sought. The pool will be constructed only if the hotel is built. How many mutually exclusive project should be considered?How many mutually exclusive project should be considered? O 1 0 3 0 4 None of these answers
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