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There are 4 projects under consideration for investment purposes. Their initial costs and NPVs are listed in the following table. Project A B C D
There are 4 projects under consideration for investment purposes. Their initial costs and NPVs are listed in the following table. Project A B C D Initial cost $20 $20 $30 $50 NPV $8 $7 $9 $15 Total funds available is $50. B and C are mutually exclusive. What project(s) should be selected to obtain the largest aggregate NPV? Select one: a. D b. B c. A and B d. A and C e. C and D f. B, and D
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