A firm with a cost of capital of 13 percent is evaluating three capital projects.The internal rates of return are as follows:
The firm should ________.
A) accept Project 1 and 2, and reject Project 3
B) accept Project 2, and reject Projects 1 and 3
C) accept Project 1, and reject Projects 2 and 3
D) accept Project 3, and reject Projects 1 and 2
Correct Answer:
Verified
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