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Consider the following project-balance profiles for proposed investment projects: Now consider the following statements: Statement 1: For Project A, the cash flow at the end of year 2 is $100. Statement 2: The future value of Project C is $0. Statement 3: The interest rate used in the Project B balance calculations is 25%. Which of the preceding statements is (are) correct? (a) Just statement 1. (b) Just statement 2. (c) Just statement 3. (d) All of them.

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