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Category > Business & Finance Posted 05 May 2017 My Price 5.00

You are chairperson of the investment committee at your firm

You are chairperson of the investment committee at your firm. Five projects have been submitted to your committee for approval this month. The investment required and the project profitability index for each of these projects are presented in the following table:

Project

Investment

P1

A

$20,000

2.500

B

50,000

2.000

C

70,000

1.750

D

10.000

1.000

E

80,000

0.800

If you have $500,000 available for investments, which of these projects would you approve? Assume that you do not have to worry about having enough resources for future investments when making this decision.

Answers

(8)
Status NEW Posted 05 May 2017 04:05 PM My Price 5.00

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file 1494000351-Answer.docx preview (119 words )
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