Kurta Company Ltd. has a budget of $10 million for new projects. The projects are independent and

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Kurta Company Ltd. has a budget of $10 million for new projects. The projects are independent and have the following costs and profitability indexes associated with them:

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a. Make your selection under strict capital rationing.

b. Do you see any problems with your decision? Explain.

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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