A firm has $10,000 to invest and there are three projects available. Project A needs...
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Accounting
A firm has $10,000 to invest and there are three projects available. Project A needs initial cash of $4,000, generates NPV $10,000. Project B needs initial cash of $6,000, generates NPV of $1,000. Project C needs initial cash of $5,000, generate NPV of $1,500. Which projects should this firm take?
| a) A only |
|
| b) A and B |
|
| c) B and C |
|
| d) A and C |
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