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The capital budgeting committee of the ABC company is contemplating five independent proposals for projects to be inclined in the forthcoming year's budget; their cash

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The capital budgeting committee of the ABC company is contemplating five independent proposals for projects to be inclined in the forthcoming year's budget; their cash flows are given in Table 9-13. The ABC company has established a MARR o 20%. Assuming that capital is not rationed, which projects should the company select and what is the total investment required? Use the ROR method

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