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Amazon.com is evaluating two projects, C and D, with the following data: Project Initial Investment ($) Present Value of Cash Inflows ($) C $600,000 $720,000

Amazon.com is evaluating two projects, C and D, with the following data:

Project

Initial Investment ($)

Present Value of Cash Inflows ($)

C

$600,000

$720,000

D

$800,000

$920,000

Calculate the profitability index for each project.

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