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21. You are considering two independent (not mutually exclusive) projects both of which have been assigned a discount rate of 15%. Based on the profitability

21. You are considering two independent (not mutually exclusive) projects both of which have been assigned a discount rate of 15%. Based on the profitability index, what is your recommendation concerning these projects? Project A Project B Year Cash Flow Year Cash Flow 0 - $46,000 0 - $50,000 1 + $32,000 1 + $18,000 2 + $27,000 2 + $54,000

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