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The firm has an initial endowment of $500,000 and the market rate of return is 10.00%. If the firm's management decides to invest in only
The firm has an initial endowment of $500,000 and the market rate of return is 10.00%. If the firm's management decides to invest in only two projects, which projects should they choose? a. A and C b. A and D c. B and D d. C and D e. None of the above
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