I301 Motors has several investment projects under consideration, all with positive net present values. However,...
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Finance
I301 Motors has several investment projects under consideration, all with positive net present values. However, due to a shortage of trained personnel, a limit of $350,000 has been placed on the capital budget for this year. Which of the projects listed below should be included in this year's capital budget?
Project
Initial Outlay
NPV
A
$250,000
$325,000
B
$250,000
$350,000
C
$100,000
$700,000
D
$375,000
$112,500
E
$375,000
$75,000
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