Four projects are available for investment. The projects require the cash flows and yield the net present

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Four projects are available for investment. The projects require the cash flows and yield the net present values (in millions) shown in the file P06_39.xlsx. If $6 million is available now for investment, find the investment plan that maximizes NPV.

Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...
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Practical Management Science

ISBN: 978-1305250901

5th edition

Authors: Wayne L. Winston, Christian Albright

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