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1. Refer to two projects with the following cash flows: Year Project A Project B 0 -$120 -$120 1 50 60 2 50 60 3

1.

Refer to two projects with the following cash flows:

Year

Project A

Project B

0

-$120

-$120

1

50

60

2

50

60

3

50

60

4

50

If the opportunity cost of capital is 10%, what is the profitability index for each project? (Round your answers to 4 decimal places.)

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