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The Tatham company is considering how to invest its capital budget over the next year. The company has a total budget of $ 2 5
The Tatham company is considering how to invest its capital budget over the next year. The company has a total budget of $ million, and for business reasons the following guidelines must be observed: if project is chosen, then project must also be chosen, and either
project or can be selected, but not both. Using the data below, determine how Tatham can optimize its expected NPV
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