Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Constraints on
borrowing.
Country Farmlands, Inc. is considering the following potential projects for this coming year, but has only $200,000 for these projects:Project A: Cost $60,000, NPV $4,000, and IRR 11%
Project B: Cost $78,000, NPV $6,000, and IRR 12%
Project C: Cost $38,000, NPV $3,000, and IRR 10%
Project D: Cost $41,000, NPV $4,000, and IRR 9%
Project E: Cost $56,000, NPV $6,000, and IRR 13%
Project F: Cost $29,000, NPV $2,000, and IRR 7%
What projects should Farmlands pick?
What projects should Farmlands pick? (Select the best responses.)
B, C, D, and E.
A, C, D, and E.
B, C, D, and F.
A, B, D, and E.
C, D, E, and F.
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