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Capital Invest, Inc., uses a 12% hurdle rate for all capital expenditures and has done the following analysis for four projects for the upcoming year: Which project(s) should Capital Invest undertake during the upcoming year if it has only $600,000 of funds available?A. Projects 1 and 3. B. Projects 2, 3, and 4. C. Projects 2 and 3. D. Projects 3 and 4. |