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The value of Martin Tire Company is looking to expand their business. Their project engineers have presented the four projects below as possible ways to

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The value of Martin Tire Company is looking to expand their business. Their project engineers have presented the four projects below as possible ways to add on to the company. If all project decisions are independent, which of the following projects should Martin Tire accept? B&C A&C B&D A&D Project Required Investment $4 million 5 million 6 million 2 million Rate of Return 15.0% 10.5 7.5 11.0 Cost of Capital 13% 12 10.5 5 million 6 million 2 million 7.5 11.0 Question 38 1 pts Using the information above, if Martin Tire had a capital budget of $5 million, which of the projects should they accept? Project A Project B Project C Project D 1 pts D Question 39

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