Question: Following three projects are contingent: Project A -5,000 Project B -6,000 Project C -7,000 3,500 2,500 1,500 2,000 2,000 1,500 2,000 3,000 1,500 1,500 2,000

Following three projects are contingent:

Project A

-5,000

Project B

-6,000

Project C

-7,000

3,500

2,500

1,500

2,000

2,000

1,500

2,000

3,000

1,500

1,500

2,000

2,500

The highest financing rate to accept all projects is_

(a) 14.90%

(b) 17.71%

(c) 15.92%

(d) 14.92%

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