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