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ABC Corporation is experiencing hard capital rationing and will not be able to invest more than $1,000,000 the year. Develop a profitability index for the

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ABC Corporation is experiencing hard capital rationing and will not be able to invest more than $1,000,000 the year. Develop a profitability index for the following four projects and state which ones would be selected. All four projects will last three years and the firm uses a 10% discount rate

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