Project Eh! requires an initial investment of $50,000, and has a net present value of $12,000. Project B requires an initial investment of $100,000, and has a net present value of $13,000
The projects are proposals for increasing revenue and are not mutually exclusive. The firm should accept
A) project Eh!.
B) project B.
C) both projects.
D) neither project.
Answer: C
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