1. There are five projects have been identified for possible implementation by JTG company that makes ice cube machine. The total present worth of the initial investment for each project is shown. Determine which bundles are possible, provided the budget limitation is (a) $34,000 and (b) $45,000.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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1. There are five projects have been identified for possible implementation by JTG
company that makes ice cube machine. The total present worth of the initial investment
for each project is shown. Determine which bundles are possible, provided the budget
limitation is (a) $34,000 and (b) $45,000.

PW of Investment
Project
at 15%, $
28,000
11,000
43,000
38,000
6,000
-MNOP
Transcribed Image Text:PW of Investment Project at 15%, $ 28,000 11,000 43,000 38,000 6,000 -MNOP
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