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Taraz Company has assembled the following data with respect to six projects. Project 1: Initial cost = $60,000; NPV = $2,000 Project 2: Initial cost
Taraz Company has assembled the following data with respect to six projects. Project 1: Initial cost = $60,000; NPV = $2,000 Project 2: Initial cost = $56,000; NPV = $1,825 Project 3: Initial cost = $65,000; NPV = $2,250 Project 4: Initial cost = $63,000; NPV = $2,200 Project 5: Initial cost = $58,000; NPV = $1,950 Project 6: Initial cost = $61,000; NPV = $2,100 Taraz Company can only do one of the projects. Which ONEis the BEST?
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