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You have a capital constraint for one period of R1 million, your cost of capital is 12%, you could invest surplus funds at 10%, and

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You have a capital constraint for one period of R1 million, your cost of capital is 12%, you could invest surplus funds at 10%, and you are analysing the following potential indivisible projects: (a) Which project(s) should you invest in? Explain how you came to your decision

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