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You Have Three Projects Costing $100,000

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You have three projects costing $100,000. The total capital budget is $300,000. The returns on the projects and the marginal costs of capital are as follows:
You have three projects costing $100,000. The total capital budget is $300,000. The returns on the projects and the marginal costs of capital are as follows:    Which projects should be undertaken? Why? Which projects should be undertaken? Why?

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Taking the best projects first : Project...

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