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QUESTION
A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent. Projects 3, 4 and 5 are mutually exclusive. Returns...
A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent. Projects 3, 4 and 5 are mutually exclusive. Returns percentages for these projects are as follows: P1 - 14%, P2 - 12%, P3 - 10%, P4 - 15%, P5 - 12%. A RANKING OF THE PROJECTS ON THE BASIS OF THEIR RETURNS FROM THE BEST TO THE WORST ACCORDING TO THEIR ACCEPTABILITY TO THE FIRM WOULD BE...
