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The Emerald Investment Group is considering investing in six projects. The expected net present value (NPV) and the required capital at the present time for
The Emerald Investment Group is considering investing in six projects. The expected net present value (NPV) and the required capital at the present time for each project are given in the table below. Project 1 2 3 4 5 Expected NPV ($) 6 6,000 8,000 3,000 5,000 7,000 4,000 Required Capital ($) 4,000 6,000 3,000 At present, a budget of $21,000 is available for investment. Emerald has specific requirements for the investment, as detailed in the Constraints section given below. 5,000 7,000 2,000
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