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A firm is trying to decide among three different projects. Each project has the same expected length. Each project will use the firm’s engineering staff. The problem facing the firm is that they do not have enough engineers to serve all three projects, so they are constrained.

Project NPV Engineers Used

Project A $8.12 7.00

Project B $11.44 5.00

Project C $14.75 1.00

Which project should be funded FIRST? (Answer A,B, or C)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92810035

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