Business, 12.04.2021 21:00, lolomgwtfnvm4
Use the following information to answer next three questions: IO PI IRR LIFE Project 1 $300,000 1.12 14.38% 15 years Project 2 $150,000 1.08 13.32% 6 years Project 3 $100,000 1.20 16.46% 3 years Assume that the cost of capital is 12%. If the firm has a maximum capital expenditures budget of $450,000, and if the projects are mutually exclusive but not repeatable, which project(s) should be accepted
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