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Where there is single period capital rationing, what the most sensible way of making investment decisions? Select correct option: Choose all projects with a positive

Where there is single period capital rationing, what the most sensible way of making investment decisions? Select correct option: Choose all projects with a positive NPV Group projects together to allocate the funds available and select the group of projects with the highest NPV Choose the project with the highest NPV Calculate IRR and select the projects with the highest IRRs

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