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48. As the Chief Financial Officer of Acme Brick, you have been presented with three...

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48. As the Chief Financial Officer of Acme Brick, you have been presented with three mutually exclusive projects. Each of these projects has conventional cash flows. More specifically, each project has an investment at time t=0 and then will produce equal, annual free cash flows over the project's life. A description of the initial time t=0 investment, the project's life, and the project's IRR are provided in the table below. If your goal as CFO is to maximize shareholder value, select the most accurate statement below. Assume that the cost of capital for each of these projects is 9% a. I should accept Project A. b. I should accept Project B. c. I should accept Project C. d. I shouldn't accept any of these projects. e. There is not enough information provided to make this decision

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