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Solar Designs is considering an investment in an expanded product line. Two possible types of expansion are being considered. After investigating the possible outcomes, the company made the estimates shown in the following table. <image 1> Determine the range of the rates of return for each of the two projects.



(A) Expansion A: 20% to 24%; Expansion B: 10% to 30%


(B) Expansion A: 16% to 24%; Expansion B: 10% to 30%


(C) Expansion A: 16% to 24%; Expansion B: 20% to 30%


(D) Expansion A: 20% to 24%; Expansion B: 20% to 30%


Answer with the option's letter from the given choices directly. No punctuation.


Google: Gemini Pro Vision 1.0
mmmu / FinancePublic

B


Expected Answer: B

Difficulty: Medium

Subfield: Managerial Finance

Evaluation

Evaluation ID
8385d0c9-4c7a-42d7-864b-69c206371378
Created
February 21, 2024
Raw Output
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