QUESTION 21 5 points Saved Table 10.5 Galaxy Satellite Co. is attempting to select the...

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QUESTION 21 5 points Saved Table 10.5 Galaxy Satellite Co. is attempting to select the best group of independent projects competing for the firm's fixed capital budget of $10,000,000 Any unused portion of this budget will earn less than its 20 percent cost of capital. A summary of key data about the proposed projects follows. PV of Inflows Initial Investment IRR at 20% WA $3,000,000 21% $3,050,000 B 9,000,000 25 9,320,000 1,000,000 24 1,060,000 D 7,000,000 23 7,350,000 Project Use the NPV approach to select the best group of projects. (See Table 10.5) For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac)

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