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The following table gives the available projects (in $millions) for a firm. B E 20 100 Initial Investment IRR NPV A 80 19% 60 Multiple
The following table gives the available projects (in $millions) for a firm. B E 20 100 Initial Investment IRR NPV A 80 19% 60 Multiple Choice O85 150 242 55% 40 105 C 50 22% 50 60 If the firm has a limit of $150 million to invest, what is the maximum NPV the company can obtain? 42% 30 15% 35 40 31% 25
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