Suppose all cash flows are certain and the risk-free interest rate is 11%. a. What...
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Suppose all cash flows are certain and the risk-free interest rate is 11%. a. What is the NPV of each project? b. If the firm can choose only one of these projects, which should it choose based on the NPV decision rule? c. If the firm can choose any two of these projects, which should it choose based on the NPV decision rule
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