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You are a project manager for a middle size construction company. You have just completed a project this year and another project is plan to start. Your company give priority to the best profitable projects. Given the table below which project is best preferred. Please show workings and justification. Payback Benefit Cost Projects NPV Notes Period Ratio Project A 7 years 1.23 $3.1M Largest Project Project B 10 years 1.43 $8.2M Project far away from the city Most Optimistic Project C 8.5years 1.38 $6.7M

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