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The directors of Aggie Electronics Ltd. are considering investing in the following five short-term projects. The cash flows (after taxes) and costs of capital associated

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The directors of Aggie Electronics Ltd. are considering investing in the following five short-term projects. The cash flows (after taxes) and costs of capital associated with each of these projects are given in the table below. Project Name Year o Year 1 Year 2 Year 3 Year 4 Cost of capital Alpha -100 +50 +70 +20 +80 10% Beta -250 +80 +140 +100 +120 12% Gamma - 150 +120 +40 +70 +30 10% Delta -250 +80 +80 +80 +80 14% Epsilon -50 +40 +40 +20 +20 11% Which of the five projects would be considered acceptable to Aggie Electronics Ltd. if the NPV technique is being used to make capital budgeting decisions? O Alpha, Beta, Delta, and Epsilon Beta, Gamma, Delta, and Epsilon Alpha, Beta, Gamma, and Epsilon O Alpha, Beta, Gamma, and Delta Alpha, Gamma, Delta, and Epsilon

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