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katrin2010 [14]
3 years ago
11

The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a usef

ul life of five years. The following information has been obtained: Project A Project B Project CInitial investment required $500,000 $480,000 $630,000Present value of future cash inflows $675,000 $520,000 $690,000Internal rate of return 18% 14% 16% Which of the following statements is correct?A. Project B is preferred over Project Coccording to the project profitability index. B. Project B is preferred over Project A according to the internal rate of return. C. Project B is preferred over Project according to the project profitability index. D. Project A is preferred over Project according to the internal rate of return.
Business
1 answer:
melamori03 [73]3 years ago
8 0

Answer:

D

Explanation:

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