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There are 3 projects under consideration for investment purposes. Their initial costs and NPVs are listed in the following table. Project W X Y Initial
There are 3 projects under consideration for investment purposes. Their initial costs and NPVs are listed in the following table.
Project | W | X | Y | |
Initial cost | $20 | $20 | $30 | |
NPV | $5 | $7 | $9 |
Total funds available is $60. What project(s) should be selected to obtain the largest aggregate NPV?
Select one:
a. X and Y
b. Y and W
c. X and W
d. W
e. Y
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